U.S. stock futures fell Wednesday after disappointing third-quarter results from Alphabet and weak revenue guidance from Microsoft marked a foreboding start to Big Tech earnings this week.
Futures for the Dow Jones Industrials gained 21 points, or 0.1%, to 31,898.
Futures for the S&P 500 took on 20 points, or 0.5%, to 3,850.25.
Futures for the NASDAQ Composite tailed off 175.25 points, or 1.5%, to 11,538.25.
Shares of Google-parent Alphabet dropped 6% in the premarket. The online search giant missed expectations on the top and bottom lines.
Alphabet also reported a decline in YouTube ad revenue, which spurred investors to deliberate the outlook for other tech companies that rely on ad spending.
Meanwhile, Microsoft declined about 6% after the tech giant reported weaker-than-expected cloud revenue in its latest quarterly results, despite beating earnings and revenue estimates. The company also issued current-quarter revenue guidance that fell short of expectations.
Shares of Meta Platforms fell 4%, and Amazon slipped 3.8%.
A mixed bag so far, corporate earnings season continues Wednesday. Kraft Heinz shares rose after the company reported beating revenue and earnings per share expectations before the bell. Meta was among the companies also set to report.
In Japan, the Nikkei 225 gained 0.7% Wednesday, while in Hong Kong, the Hang Seng Index recovered 1%.
Oil prices poked ahead 80 cents to $86.12 U.S. a barrel.
Gold prices leaped $17.30 to $1,675.30 U.S. an ounce.