Stock index futures were higher on Wednesday, a day after Wall Street closed in the red, driven by disappointing economic data. S&P 500 futures (SPX) +0.5%, Nasdaq 100 futures (US100:IND) +0.4%, and Dow futures (INDU) +0.

Wall Street's main indexes swung to losses on Tuesday after data showed U.S. services activity unexpectedly stalled and investors considered the impact of U.S. trade policies on corporate profits.

Wall Street had roared back to life on Monday by posting its best session since May 27 and recouping last week's losses when disappointing July jobs data and sharp downward revisions to prior months fueled expectations of a Fed rate cut in September.

Markets on Wall Street ticked up modestly Wednesday as investors pored over a slew of earnings reports to assess how companies have been affected by U.S. President Donald Trump’s tariffs. Futures for the S&P 500 were up 0.

Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter, a 36% increase over the same quarter a year ago. Revenue jumped 22%.