U.S. stock index futures signaled a higher open early on Wednesday, following global markets higher, with investors focused on corporate releases and continued tensions in Ukraine and Iraq.
Futures did not move significantly on news that retail sales for July were flat, missing estimates and the weakest reading since January. Shares of major retailers in pre-market trading were down slightly following the report.
Department store group Macy's reported an increase in profit but posted earnings that missed analyst estimates on Wednesday morning, which could put the spotlight on the major retailers.
Equipment maker Deere posted earnings that beat on revenue in line with estimates, while lowering its full-year forecast.
U.S. stocks closed down in light volume trade on Tuesday for the first time in three sessions as developments in Ukraine and Russia continued to trouble investors. A Russian convoy of trucks carrying humanitarian aid left Moscow for Ukraine on Tuesday despite the international community warning that it shouldn't be used as a pretext for an invasion.