Investing.com - U.S. stock markets pointed to a higher open on Wednesday morning, with a handful of earnings reports likely to be the main points of reference for the session.
The blue-chip Dow futures tacked on 22 points by 6:45AM ET (10:45GMT), the S&P 500 futures added 6 points, while the tech-heavy Nasdaq 100 futures rose 16 points.
U.S. stocks ended lower for the fourth time in five sessions on Tuesday, weighed down by a sharp drop in Goldman Sachs (NYSE:GS) following disappointing quarterly results.
With no major economic reports slated for release on Wednesday, investors were likely to focus on earnings out before the bell from the likes of Morgan Stanley (NYSE:MS), Blackrock (NYSE:BLK), US Bancorp (NYSE:USB), TD Ameritrade (NASDAQ:AMTD), Abbott Labs (NYSE:ABT) and Textron (NYSE:TXT).
American Express (NYSE:AXP), eBay (NASDAQ:EBAY), Qualcomm (NASDAQ:QCOM) and CSX (NASDAQ:CSX) report after the close.
Among active pre-market movers, IBM (NYSE:IBM) saw shares fall around 4.5% after the tech giant posted weaker-than-expected quarterly sales late Tuesday.
Yahoo (NASDAQ:YHOO) shares edged slightly higher after the internet firm reported better-than-anticipated earnings after Tuesday's closing bell.
In other markets, European stocks were mostly higher in mid-morning trade, with Germany's DAX up 0.3%, while London's FTSE 100 dipped 0.1%.
Earlier, in Asia, markets ended mostly in negative territory, with the Shanghai Composite in China closing down around 0.8%, while Japan's Nikkei rose around 0.1%.
Meanwhile, the dollar index, which tracks the greenback against a basket of six rival currencies, edged up 0.2% to 99.60, pulling away from Tuesday's low of 99.36, its deepest trough since March 28.
The 10-year U.S. Treasury yield was at around at 2.21%, after falling to a low of 2.165% Tuesday, the lowest since November 10.
Elsewhere, U.S. oil inched higher on Wednesday as investors looked ahead to the Energy Department's weekly supply report at 10:30AM ET.