US stock futures rose on Wednesday following a muted day on Wall Street, as investors looked ahead to the latest batch of earnings and fresh signals on inflation and monetary policy.
S&P 500 futures (ES=F) added 0.5^%, while those on the tech-heavy Nasdaq 100 (NQ=F) moved roughly 0.6% higher. Meanwhile, Dow Jones Industrial Average futures (YM=F) added 0.4% after the major US gauges closed Tuesday with modest gains.
Investors now turn their attention to the Federal Reserve’s January meeting minutes, due Wednesday, for additional insight into policymakers’ thinking. The week’s key macro event, however, arrives Friday with the release of the Personal Consumption Expenditures index.
Technology shares, particularly in software, could come back under pressure as investors continue to weigh the long-term impact of AI on business models and corporate competition.
On the corporate calendar, earnings from DoorDash (DASH), eBay (EBAY) and Analog Devices (ADI) are set for release Wednesday.
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