Stock futures turned negative ahead of the open on Wednesday after a two-day run-up , as investors paused before the start of the quarterly earnings season.
S&P 500 futures fell 2.1 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 7 points and Nasdaq 100 futures lost 3.75 points.
The U.S. dollar rose, weighing down commodity prices and equities.
After the closing bell on Wednesday, Alcoa Inc
(Reporting by Rodrigo Campos; editing by Jeffrey Benkoe)