U.S. equity futures turned higher Wednesday morning, after spending most of the overnight hours lower.
The flood of financial earnings continues Wednesday, with Bank of America, Morgan Stanley, US Bancorp, and State Street headlining ahead of the opening bell. Also watch for results from a pair of Dow members: health care heavyweights UnitedHealth Group and Procter & Gamble. In the afternoon investors will focus on United Airlines and Discover Financial Services. , the Commerce Department is expected to say that the number of new homes under construction in December fell 1.
In Asia, Japan’s benchmark Nikkei 225 dropped 2.8% to its lowest level since August, Hong Kong’s Hang Seng added 0.1% and China's Shanghai Composite lost 0.3%.
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