Trading in the major U.S. index futures points to a lackluster start by Wall Street on Wednesday but tech-heavy Nasdaq 100 futures are clocking significant gains.
On Tuesday, the major U.S. averages teased optimism, only to disappoint. After a firmer start, the major indices squandered the advantage and fell sharply in the first hour of trading, consolidating around these lower levels for the rest of the session. The markets were reacting to data showing a slower pace of house price increases and an improvement in consumer confidence.
