US stock futures advanced on Thursday as investors assessed the Federal Reserve's latest interest-rate increase, the prospect of further monetary tightening and developments affecting global energy supplies.

At 06:59 GMT, Dow Jones futures were up 366 points, or 0.7%, while S&P 500 futures gained 52 points, also 0.7%. Nasdaq 100 futures rose 215 points, or 0.7%.

The gains followed declines on Wall Street in the previous session after the Federal Reserve raised interest rates by 25 basis points, as expected. Updated projections indicated that another increase could follow before the end of 2026.

Analysts at Vital Knowledge described Federal Reserve Chair Kevin Warsh's subsequent press conference as "net hawkish", interpreting his comments as an indication that further rate increases remained possible.

The two-year US Treasury yield, which is particularly sensitive to interest-rate expectations, reached its highest level since July 2024 following the announcement.