U.S. stock index futures pointed to a higher open Wednesday, after some encouraging China data and earnings results from the first Dow component of the earnings season.
Stock index futures briefly pared gains after some morning U.S. data. Treasury yields temporarily turned lower before returning to earlier levels, with the 2-year yield trading near 0.74 percent and the 10-year yield around 1.78 percent.
The U.S. dollar index reclaimed earlier gains, with the euro near $1.131 and the yen at 109.12 yen against the greenback as of 9:14 a.m. ET.
Oil remains in focus ahead of weekly oil inventories and a flagship weekend meeting among oil-producing countries. Brent and WTI crude oil futures declined on Wednesday, following a more-than-4 percent jump during the previous session.