How are stock-index futures trading:
S&P 500 futures are up 0.1%.
Dow Jones Industrial Average futures are down 0.1%.
Nasdaq 100 futures are adding 0.2%.
On Tuesday, the Dow Jones Industrial Average fell 325 points, or 0.75%, to 42,740, the S&P 500 declined 45 points, or 0.76%, to 5,815, and the Nasdaq Composite dropped 187 points, or 1.01%, to 18,316.
It seems investors remain wary, according to analysts, as they wait for the next batch of corporate earnings announcements, which include Morgan Stanley and U.S. Bancorp.
“ASML’s warning has spooked investors holding anything linked to the semiconductor space,” said Russ Mould, investment director at AJ Bell.
“It was a blanket sell-off despite ASML saying AI-related demand remains strong, which suggests investors are worried that this warning is the sign of things to come on a broader basis,” Mould added.
U.S. economic data is thin on the ground Wednesday, with the highlight being the import price index for September, which will be published at 8:30 a.m. Eastern.