Investors and traders are also waiting on the Bureau of Labor Statistics to release its monthly report on producer prices at 8:30 a.m. ET, while the New York branch of the Federal Reserve will publish its monthly manufacturing index.
At 2:00 p.m., the Federal Reserve will release its closely-watched Beige Book report, a compilation of data on regional economies.
General Motors(GM) shares rose 3% in after-hours trading Tuesday after the automaker announced that it will pay its first dividend since 2008.
Burberry(BBRYF) shares were surging in London Wednesday morning -- up by roughly 5.5% -- after the luxury retailer reported a 14% jump in retail revenue in the third quarter, which includes the holiday season.