There are a number of quarterly results set for release that could sway investor sentiment. Retailer Macy's(M) reported a better than expected gain in earnings and an increase in its dividend and share repurchase plans. But shares were up less than 1% as a decline in sales raised some worries.
Shares of Sears Holdings(SHLD) were up 2% as it said it looking at a sale of its 51% stake in Sears Canada.
Farm equipment maker Deere(DE) shares fell in premakert trading despite better-than expected earnings as it trimmed its guidance.
Shares of SodaStream(SODA) tumbled in premarket trading as it reported lower earnings and a sharp drop in U.S. sales.
Cisco Systems(CSCO) and SeaWorld(SEAS) will report after the close.
Pinnacle Foods(PF), which said Tuesday that it agreed to be bought by Hillshire Brands(HSH), reported improved quarterly earnings.
Sony(SNE) reported full-year results showing sales rose but the company still recorded a loss for the year. The Japanese electronics maker said a big reason behind the jump in sales was favorable foreign exchange rates. Sony shares pushed up by a little more than 1% in Tokyo trading.