Futures for the Dow Jones Industrials stumbled 111 points, or 0.3%, Wednesday to 33,054.
Futures for the S&P 500 retreated 9.75 points, or 0.2%, to 4,149.
Futures for the NASDAQ Composite index fell back 15.25 points, or 0.1%, to 12,696.25.
The moves came as investors weighed updates from major companies and signs that economic growth may be slowing.
Overseas, Credit Suisse issued a profit warning for the second quarter, citing tighter monetary policy and the war in Ukraine. Target, which issued its own warning on Tuesday, was downgraded to neutral from buy by Bank of America.
Meanwhile, the Atlanta Federal Reserve’s GDPNow tracker showed a growth rate of just 0.9% for the second quarter, down from 1.3% last week.
On the earnings front, shares of Ollie’s Bargain Outlet Holdings fell 6% in premarket trading after the discount retailer missed estimates for its first quarter. Campbell Soup, however, moved higher after a stronger-than-
Five Below also reports earnings Wednesday.
In Japan, the Nikkei 225 surged 1% Wednesday. In Hong Kong, the Hang Seng popped 2.2%
Oil prices gained $1.18 to $120.59 U.S. a barrel.
Gold prices acquired 20 cents to $1,852.30 U.S. an ounce.