Futures slightly trimmed losses following economic reports on personal spending and income that were largely in line with analyst expectations.
The government said spending fell 0.5 percent in September while income was flat. Separate reports showed employment costs rising and New York City's economic activity continuing to pick up.
There are more economic reports on tap. At 9:55 am New York time the final draft of October consumer sentiment is due, with economists estimating it at 69.8.
And at 10 am New York time, the existing home sales for September is released, as well as a reading of U.S. manufacturing activity for October. Economists forecast a reading of 49.5 for the Chicago PMI.
In company news, Las Vegas Sands shares surged more than 9 percent after the gambling resort company gained approval for an initial public offering in Hong Kong.