US futures inch lower for fourth day as investors digest Fed minutes, while bitcoin rebounds after crypto crash

US futures inch lower for fourth day as investors digest Fed minutes, while bitcoin rebounds after crypto crash

US stock index futures inched lower for a fourth day on Thursday after equities fell in the previous session amid concerns the Federal Reserve might cut back on support for the economy sooner than expected and as cryptocurrency markets crashed. rebounded somewhat after falling as much as 30% on Wednesday in the wake of Tesla's U-turn on payments and a decision by China to crack down on the token's use. futures slipped 0.15% Thursday after the index fell for the third consecutive day on Wednesday. were down 0.22% but futures were up 0.05%. European stocks rebounded from sharp falls on Wednesday, when fresh concerns about the economic recovery and the actions of central banks came to the fore. The continent-wide was 0.5% higher. In Asia, China's closed 0.27% higher overnight, while Japan's eked out a 0.19% increase. Markets had a rocky day on Wednesday, with US stocks falling sharply before rebounding to . The release of the minutes from the Fed's last interest rate meeting unnerved investors. A single line showed the central bank had discussed the possibility of eventually starting to as growth and inflation pick up. "A number of participants suggested that if the economy continued to make