Stock Futures Reverse Course and Edge Up

Stock futures rose on Wednesday morning, hinting at a tentative recovery after a volatile previous session.

Futures for the Dow Jones Industrials slid 62 points, or 0.1%, to 48,498.

Futures for the S&P 500 index lost 4.5 points, or 0.1%, to 6,820.75

Futures for the NASDAQ gained 13.5 points, or 0.1%. to 24,769.25.

Major stock averages closed in the red on Tuesday, albeit far off their lows of the day. The S&P 500 slipped about 0.34%, while the Dow lost roughly 403 points, or 0.8%. At one point, the Dow Industrials fell more than 1,200 points. The NASDAQ closed down 1%.

On the earnings front, traders will look for quarterly results from Abercrombie & Fitch, Broadcom and Okta

In Japan, the Nikkei 225 settled 3.6%, while in Hong Kong, the Hang Seng dropped 2%.

Oil prices hiked 36 cents to $74.92 U.S. a barrel.

Gold prices jumped $58.80 to $5,182.50 U.S an ounce.