Equities in line for mildly firmer open as traders await the next batch of corporate earnings.
U.S. stock futures were largely flat on Wednesday as investors awaited the next round of earnings reports and a clutch of data, including retail sales.
How are stock-index futures trading On Tuesday, the Dow Jones Industrial Average DJIA fell 392 points, or 1.14%, to 33911, the S&P 500 SPX declined 8 points, or 0.2%, to 3991, and the Nasdaq Composite COMP gained 16 points, or 0.14%, to 11095. U.S. companies reporting on Wednesday include Charles Schwab SCHW , Prologis PLD , PNC PNC , Kinder Morgan KMI , Discover DFS and Alcoa AA .
Technical factors, such as the CBOE Volatility index, or VIX VIX , below 20, suggesting complacency, and a high proportion of stocks looking overbought, may also constrain the latest rally, according to Mark Newton, head of technical strategy at Fundstrat.
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