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Dow futures in focus ahead of Trump-Kim summit



U.S. stock index futures were slightly lower Wednesday morning, after Federal Reserve Chairman Jerome Powell reiterated the central bank's shift to more "patient" approach to monetary policy.

However, more recently, officials have been conveying a message of patience with the future policy path, including both the approach to int erest rates and to reduce the bonds the Fed holds on its balance sheet.

Elsewhere, President Donald Trump is scheduled to meet with North Korean leader Kim Jong Un in Hanoi, Vietnam on Wednesday

It comes ahead of their second summit in less than a year, with investors monitoring whether the meeting can break a stalemate on Pyongyang's nuclear weapons and more than 70 years of hostility.

On the data front, advanced economic indicators for December will be released at around 8: 30 am ET. Pending home sales for January and factory orders for December are both set to follow later in the session.

In corporate news, Lowe's, Best Buy and Campbell Soup are among the major companies expected to report their latest figures before the opening bell.

Booking Holdings, HP and L Brands are all scheduled to publish their quarterly results after market close.

On Tuesday evening, the futures contracts for US Stock markets, Treasuries and commodities were temporarily halted for several hours. It followed a technical fault at CME Group

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1; CNBC's Jeff Cox contributed to this report.


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