NEW YORK (AP) — U.S. stock futures are essentially flat after companies offered a mixed picture of how the economy is affecting their business.
Computer maker Dell cut its forecast for annual revenue late Tuesday, citing shakier demand. Economic growth is weak around the world, and some economists worry that a second recession may be coming. That would put a crimp on the profits that companies have been producing the last two years.
Deere is more optimistic. The tractor maker raised its sales forecast Wednesday after a 15 percent rise in profit last quarter.
About two hours ahead of the opening bell, Dow Jones industrial average futures are up 25, or 0.2 percent, to 11,412. S&P 500 futures are up 4.10, or 0.3 percent, to 1,196.40. Nasdaq 100 futures are flat at 2,199.