VOYG:CC - Futures Fall Ahead of Fed Minutes

U.S. equities futures were moderately lower on Wednesday morning after the market staged a big midday reversal on Tuesday, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data.

Futures for the Dow Jones Industrials dipped 60 points, or 0.2%, early Wednesday to 30,875.

Futures for the S&P 500 sagged 10.5 points, or 0.3%, to 3,823.50.

Futures for the NASDAQ Composite index gave up 41.25 points, or 0.4%, to 11,767.25.

There are no major earnings reports scheduled for Wednesday, but there will be a slew of economic reports coming out, including the minutes of the Federal Reserve's June meeting in the afternoon.

Mortgage demand fell week over week even as rates declined, according to the Mortgage Bankers Association. The latest Markit and Institute for Supply Management manufacturing PMI data will be released at 9:45 a.m. and 10:00 a.m., respectively. The Job Openings and Labor

Turnover Survey, or JOLTS, will also be released at 10:00 a.m.

In Japan, the Nikkei 225 slipped 1.2% Wednesday. In Hong Kong, the Hang Seng also fell 1.2%

Oil prices recovered a dollar to $100.50 U.S. a barrel.

Gold prices lost three dollars to $1,760.90 U.S. an ounce.