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The Facebook Inc. logo is displayed with price valuations on monitors during trading at the Nasdaq MarketSite in New York, U.S., on Friday, May 18, 2012.
After the bell, Facebook, Kraft Heinz, Qualcomm, Tesla, Shake Shack, Cheesecake Factory, Fitbit and Symantec are also set to issue their latest financial figures.
On the data front, the U.S. private sector added 235,000 jobs in October, according to a report from ADP and Moody's. Economists polled by Reuters expected a gain of 200,000 jobs.
US manufacturing PMI is expected at 9:45 a.m. ET; and, at 10 a.m. ET, the manufacturing ISM report on business and construction spending data are due.
On the central bank front, the U.S. Federal Open Market Committee is due to kick-start the second and final day of its regular monetary policy meeting. Investors will be looking out for the FOMC's announcement at 2 p.m. ET, which will include an interest rate decision and commentary on the state of the U.S. economy.
Speaking of the Fed, President Donald Trump is expected to announce his pick for the next chair of the central bank Thursday. While there are five key candidates for the role, Fed Governor Jerome Powell has been the recent favorite.
Finally in commodities news, oil prices extended gains in early trade after fresh data revealed that oil cartel OPEC had improved its level of compliance considerably. At 8:19 a.m. ET, U.S. crude was trading around $54.98, while Brent hovered around $61.50 per barrel.