Investing.com - Wall Street futures on Wednesday pointed to a flat to slightly lower open for the major U.S. indexes ahead of the U.S. Thanksgiving holiday, a day after the Dow Jones Industrial Average closed above 19000 for the first time ever.
The blue-chip Dow futures were almost flat, the S&P 500 futures fluctuated between small gains and losses, while the tech-heavy Nasdaq 100 futures dipped 0.06%.
The Dow rose above 19,000 for the first time and the three main stock indexes ended at record highs for a second straight day on Tuesday, propelled by hopes that increased fiscal spending under the Trump administration will lead to higher growth and inflation.
In earnings news, Deere (NYSE:DE) posted lower quarterly earnings ahead of the market open on Wednesday.
Shares in Hewlett Packard Enterprise (NYSE:HPE) and HP Inc (NYSE:HPQ) were also expected to remain in focus after both companies reported disappointing fiscal fourth-quarter results late Tuesday.
Trading volumes were expected to be lighter on the last day of trade before the U.S. Thanksgiving Day holiday on Thursday.
In currency markets, the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last at 101.18, not far from the 13-and-a-half year high of 101.54 set on Friday.
Investors were also keeping an eye on oil prices ahead of updated U.S. inventory data from the Energy Information Administration due out later in the trading day.
Later Wednesday, the U.S. was set to release data on durable goods orders, jobless claims and new home sales, while the Federal Reserve was to publish the minutes of its policy meeting from earlier this month.