Stock futures pointed to a higher opening for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.1 to 0.3 percent.
The rise would be a turnaround from Tuesday's more than 1.5-percent slide, the fifth day of losses running and the S&P 500's worst performance since early December.
Europe's main markets <.FTEU3> stabilized after an initial fall on Wednesday, but remained shaky. The Nikkei <.N225> fell 0.8 percent overnight.
The U.S. Mortgage Bankers Association's index of mortgage application activity is released for the week ended April 6 at 07:00 EDT (11:00 GMT). In the previous week, the index read 695.7 and the refinancing index was 3,576.8.
At 8:30 EDT (1230 GMT), the Labor Department releases import-export prices for March. Economists forecast a 0.8 percent rise in import prices and a 0.4 percent increase in exports prices. In February, both import and export prices were up 0.4 percent.
The Federal Reserve releases the Beige Book of regional economic conditions at 14:00 EDT (1800 GMT).
Aluminum producer Alcoa Inc
Reebok International Ltd agreed to settle a lawsuit by rival Nike Inc
The Treasury Department issues its monthly budget for March at 14:00 (1800 GMT). Economists forecast a $196.0 billion deficit, compared with a February budget deficit of $232.0 billion.
The Dow Jones industrial average <.DJI> lost 213.66 points, or 1.65 percent, to 12,715.93 at the close on Tuesday. The Standard & Poor's 500 Index <.SPX> dropped 23.61 points, or 1.71 percent, to 1,358.59. The Nasdaq Composite Index <.IXIC> tumbled 55.86 points, or 1.83 percent, to 2,991.22.
(Reporting by Atul Prakash; editing by Patrick Graham)