Stock futures were flat Wednesday after the major averages added to weeks of losses amid a jump in bond yields in the previous session.
Futures for the Dow Jones Industrials docked nine points early Wednesday to 31,157.
Futures for the S&P 500 fell 1.75 points to 3,908.75 to 12,014.50.
Pinterest shares rose more than 4% after Wolfe Research upgraded the social media company to outperform from peer perform.
On Wednesday, the Federal Reserve will give its summary on current economic conditions, also known as the Beige Book. Elsewhere, Fed presidents Loretta Mester of Cleveland and Tom Barkin of Richmond, as well as Fed Vice Chair Lael Brainard are scheduled to speak at various events.
In Japan, the Nikkei 225 index lost 0.7% Wednesday, while in Hong Kong, the Hang Seng fell 0.8%.
Oil prices dumped 21 cents to $86.67 U.S. a barrel.
Gold prices gained 70 cents to $1,713.60 U.S. an ounce.