United States stock indices They were slightly higher on Wednesday morning, as market participants expected new earnings reports.
Around 02:00 a.m. ET, Dow futures rose 11 points, indicating a positive opening of more than 9 points. Futures on the S & P and the Nasdaq were also slightly higher.
Corporate results are the biggest market focus. Morgan Stanley, PepsiCo, Abbott Labs and U.S. Bancorp will update investors before the bell. Las Vegas Sands will also report its latest results.
The Dow Jones ended on Tuesday with a higher note on earnings. BlackRock and Bank of America performed better than expected.
Netflix, which reported after the campaign, posted better-than-expected first-quarter earnings, but showed disappointing guidance for the second quarter. Other companies that reported results after the campaign, such as IBM and Sprint, also failed to increase optimism among investors, which may have fueled a modest reaction in pre-market trade.
Investors will also be alert to any further development of the Federal Reserve of the United States. Philadelphia Fed President Patrick Harker will speak at 12:30 p.m. ET, as well as the president of the St. Louis Fed, James Bullard.
On the data front, there will be international trade data that will be calculated at 8.30 a.m. ET and wholesale investors with maturity at 10 a.m. ET.