US pre-open: Futures little changed following Netflix earnings

Wall Street futures were little changed ahead of the bell on Wednesday after Netflix posted some solid earnings overnight.

As of 1200 BST, Dow Jones and S&P 500 futures were down 0.14% and 0.06%, respectibely, while Nasdaq-100 futures had the index opening 0.03% firmer.

The Dow closed 337.98 points higher on Tuesday as market participants continued to digest Q3 earnings from a number of the nation's biggest companies.

In the corporate space on Wednesday, Netflix shares surged in pre-market after the streaming behemoth reported quarterly earnings and revenues that beat estimates and strong subscriber growth, while Procter & Gamble posted an earnings beat as higher prices helped offset a drop in volumes.

Elsewhere, United Airlines, WD-40, Kinder Morgan, and Tesla will all issue their latest quarterly figures later in the day.

On the macro front, US mortgage applications fell for a fourth week in a row in the seven days ended 14 October, down 4.5%, according to the Mortgage Bankers' Association, as the 30-year mortgage rate hit 6.94% for the first time since 2002.

Still to come, September building permits and housing starts data will be released at 1330 BST and the Federal Reserve's beige book will follow at 1900 BST.

Reporting by Iain Gilbert at Sharecast.com