U.S. stock index futures were slightly lower Wednesday morning, as market participants looked ahead to another deluge of corporate earnings.
Tuesday's move toward an all-time closing high comes less than six months after a sharp decline in late December, which led the S&P 500 to its worst annual performance since 2008. But stocks quickly turned around as the Federal Reserve reversed course on monetary policy while the tone around U.S.-China trade talks improved.
Oil prices soared after the U.S. announced the end of six months of waivers that allowed Iran's eight biggest buyers to continue importing limited volumes of Iranian oil.
Source: News Formal (newsformal.com)
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