The USA 500 is trading steady today at 4,227.
S&P 500 futures were slightly lower Wednesday morning as investors digested quarterly results from tech giants Microsoft and Alphabet.
Futures tied to the S&P 500 lost 0.4%. Nasdaq 100 futures fell 0.6%. Meanwhile, Dow Jones Industrial Average futures were flat.
Shares of Microsoft jumped 3.5% following stronger-than-expected results in the fiscal first quarter. Investors were particularly optimistic on the company’s revenue growth, particularly from its Azure cloud segment. Meanwhile, Alphabet shares tumbled more than 6% as its cloud business missed analysts’ estimates, overshadowing its revenue growth and earnings beat.