Stock index futures pointed to a lower opening on Wall Street on Wednesday, following declines in Asia after China implemented an increase in higher reserve requirements for some lenders.
At 0940 GMT (4:40 a.m. EST), futures for the Dow Jones, S&P 500 and Nasdaq were down between 0.2 and 0.5 percent.
The FTSEurofirst 300 <.FTEU3> index of leading European shares was down 0.5 percent at 1,013.95 points, with banks taking most off the index. The index is on course to register its fifth straight day of declines.
Quarterly results from Johnson & Johnson
Chemical maker DuPont
After the market closes, Yahoo's
Case/Shiller home price data for November is expected to show a slight rise of 0.1 percent versus October but a 5 percent drop-off from the same month a year ago.
The Federal Reserve begins its two day rate-setting meeting on Tuesday.
On Monday, U.S. stocks snapped a three-day slide as signs that Fed Chairman Ben Bernanke would win a U.S. Senate vote for a second term helped ease investors' concerns.
The Dow Jones industrial average gained 0.2 percent; the Standard & Poor's 500 Index <.SPX> added 0.5 percent; the Nasdaq Composite Index <.IXIC> rose 0.3 percent.
After the bell, shares in Apple Inc
Among other companies reporting results, shares in biotechnology company Amgen
Japan's benchmark Nikkei <.N225> fell 1.8 percent to a five-week closing low on Tuesday, with exporters hurt as the yen rose broadly after China implemented a previously ordered increase in reserve requirements for some banks.
Standard and Poor's ratings agency cut its outlook for Japanese government debt on Tuesday, citing reduced wriggle room on fiscal policy and voicing disappointment with the new government's budget consolidation plans. The move cane after Tokyo markets closed.
High public deficits could bring further ratings downgrades for euro zone countries, European Central Bank executive board member Juergen Stark said on Tuesday.
(Reporting by Brian Gorman; Editing by Greg Mahlich)