By Oliver Gray
Investing.com - U.S. futures fell moderately in early APAC trade on Wednesday, after major benchmark indices closed lower during regular deals and extended declines for the third consecutive session as investors remained cautious ahead of third-quarter earnings season, FOMC meeting minutes and a key inflation report due later in the session.
During Tuesday’s session, the Dow fell 117.72 points or 0.34% to 34378.35, the S&P 500 fell 10.56 points or 0.24% to 4350.64 and the tech heavy Nasdaq Composite lost 20.28 points or 0.14% to 14465.92.
Dow futures fell 0.19%. S&P 500 futures dropped 0.26% and Nasdaq 100 futures slid 0.31%.
Among stocks, Tesla (NASDAQ:TSLA) added 1.74% during the regular session as data revealed that the electric vehicle maker sold 56,006 China-made vehicles in September, the highest since it started production in Shanghai. American Airlines (NASDAQ:AAL) Group also lifted 0.79% as the company forecasted a smaller-than-expected Q3 loss.
Among data, the latest reading from the Job Openings and Labor Turnover Summary (JOLTS) showed that the number of job openings declined for the first time in 8 months, falling from an all-time high as a record number of Americans quit their jobs, particularly in accommodation and food services.
On the bond markets, United States 10-Year yields eased slightly from 4-month highs to 1.572%.
Ahead in the session, investors will be watching for September’s consumer inflation report, the Federal Open Market Committee minutes from its September meeting and bank earnings which are set to kick off with JPMorgan (NYSE:JPM) reporting before the U.S. opening bell.