REUTERS: U.S. stock futures were little changed on Wednesday as investors waited for more clarity on the Federal Reserve's interest rate outlook for the year, while some trade worries still lingered.
"Today's price action is going to be focused mainly on the Fed chairman's speech," Naeem Aslam, chief market analyst at Think Markets UK Ltd in London said in a client note. At 6:57 a.m. ET, Dow e-minis were down 0.08 percent. S&P 500 e-minis were down 0.06 percent and Nasdaq 100 e-minis were down 0.02 percent.Optimism that the Fed will remain patient in raising borrowing costs and hopes that United States and China will resolve their trade spat helped U.S. stocks erase most of their losses from late last year.
Wall Street's main indexes ended mixed on Tuesday, after a report that U.S. was concerned that China was pushing back against American demands in trade talks. News that the world's biggest economies will reconvene face-to-face negotiations next week, did little to support the markets.
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