By Oliver Gray
Investing.com - U.S. stock index futures were little changed during early APAC deals on Wednesday, with two major benchmark indices closing at fresh record highs as earnings season continues.
During regular deals on Tuesday, the Dow Jones Industrial Average advanced for the third straight day to a fresh record, gaining 15.73 points or 0.04% to 35756.89. The S&P 500 also gained 8.31 points or 0.18% to 4574.8 to all-time highs, while the Nasdaq Composite gained 9.01 points or 0.06% to 15235.71.
Futures contracts tied to the Dow Jones Industrial Average added 0.04%. while S&P 500 Futures gained 0.1%. Nasdaq 100 futures declined 0.09%.
Among stocks, Facebook (NASDAQ:FB) dropped 3.92% in regular deals after reporting earnings earlier this week, while whistleblower Frances Haugen testimony to a British parliamentary committee dented sentiment as European governments move toward stricter regulation of tech companies. Meantime, Microsoft (NASDAQ:MSFT) added 1.67% in extended trades, while Alphabet (NASDAQ:GOOGL) dipped 0.9% after reporting earnings results, with both tech companies topping revenue expectations.
On the bond markets, United States 10-Year rates eased from near 6-month highs to 1.61%.
Investors are digesting a slew of corporate earnings, with Coca-Cola (NYSE:KO), McDonald’s (NYSE:MCD), Bristol-Myers Squibb Company (NYSE:BMY), Boeing (NYSE:BA), General Motors (NYSE:GM) and Harley-Davidson Inc (NYSE:HOG) among the names on deck before the market opens. Ford Motor Company (NYSE:F), eBay (NASDAQ:EBAY) and Yum China Holdings Inc (NYSE:YUMC) will provide quarterly updates after the closing bell.