Investors may pause to lick their wounds Wednesday after a recent rough ride on markets.
U.S. stock futures were little changed. According to CNNMoney’s Fear & Greed index, investors are still fearful about current market dynamics.
Little wonder, perhaps, given the Dow Jones Industrial Average has fallen by nearly 7% since the start of 2014.
Markets will get a preview of Friday’s jobs report Wednesday morning with the release of payroll processor ADP’s monthly figures on private-sector employment at 8:15 a.m. ET.
On the corporate front, CNNMoney parent Time Warner is set to report quarterly results before the opening bell, alongside Estee Lauder, GlaxoSmithKline and Merck.
Twitter will report its first batch of results since last year’s IPO after the close.
Shares in tech company ARM Holdings could rebound after posting a sharp drop Tuesday.
The company’s shares have fallen by 20% since the start of 2014, making it one of the worst performers on the CNNMoney Tech30 index.
Verizon shares also look set to push up when the opening bell rings. The company’s stock took a hit Monday as investors worried a price war was breaking out between the major U.S. mobile operators.
U.S. markets finished higher Tuesday, regaining lost ground after Monday’s steep sell-off.
European markets were rising in morning trading following the release of positive economic data. Eurozone activity increased in January for the seventh consecutive month, according to Markit’s purchasing managers’ index, although the final reading was slightly weaker than the initial flash estimate.
Meanwhile, Asian markets closed with mixed results. The Japanese markets clawed back some lost ground after posting a 4% drop Tuesday.
Indonesia’s economy grew by 5.7% in the fourth quarter, compared with the same period the previous year. That was better than expected and may calm fears about its ability to weather the storm battering the “fragile five” emerging economies.
