The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
U.S. stock index futures pointed to a negative open on Wednesday, as investors awaited fresh data while taking note of the declines seen in markets overseas.
Dow Jones industrial average futures fell 42 points, while S&P 500 and Nasdaq 100 futures declined 2.75 points and 20.25 points, respectively.
In the previous session, U.S. equities finished in the red as the broader market failed to be boosted by an uptick in tech stocks. The S&P 500 also posted its first three-day losing streak since August.
Looking to today's session, on the data front, the ADP National Employment report showed private payrolls grew by 190,000 jobs last month, more than expected.
Productivity and costs data are due at 8:30 a.m. ET. The figures come two days before the U.S. nonfarm payrolls data for November, due out on Friday.
Aside from tax reform and ongoing rumblings surrounding the current U.S. administration's relationship with Russia, other news set to shake up sentiment Wednesday concerns Jerusalem.
President Donald Trump is set to announce that the U.S. will recognize Jerusalem as Israel's capital, with senior administration officials saying the embassy will be moved there, yet noting that this could take "years". The move is controversial in the Middle East and has been criticized by Turkey, among others.
Elsewhere, Bitcoin broke above the $12,000 mark during Wednesday morning in Asia for the first time, as the cryptocurrency continues its march upwards.
In commodities, oil prices fell Wednesday after news emerged that refined product inventories in the U.S. had increased.