U.S. stocks look headed for a lower start on Wednesday, going by the trading in the index futures. Earnings disappointments and apprehension ahead of Thursday’s consumer price inflation report could serve to keep sentiment subdued.
On Tuesday, the major averages opened higher and advanced steadily through the morning trading, as traders digested corporate earnings and focused on the outcome of the U.S. midterm polls. Selling emerged in the afternoon, dragging the averages lower. After bottoming in the late afternoon, the indices cut their losses, ending moderately to notably higher.
