-- US equity futures were mostly unchanged pre-bell Wednesday as traders continue to be optimistic about the possibility of a US-Iran agreement.
Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all flat.
Negotiations between the US and Iran could resume as early as this week, with the New York Post quoting President Donald Trump as saying it could happen "over the next two days."
Traders digested earnings from Bank of America (BAC) and Morgan Stanley (MS), which posted higher Q1 earnings and revenue. Progressive Corp. (PGR) is also expected to report earnings pre-bell.
Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.8% at $95.56 per barrel and US West Texas Intermediate crude 0.6% higher at $91.87 per barrel.
The April Empire State manufacturing index, scheduled for release at 8:30 am ET, is seen coming in at zero versus negative 0.2 previously, according to estimates compiled by Bloomberg.
The March import price index, scheduled for release at 8:30 am ET, is expected to show a 2.3% month-over-month increase after a 1.3% gain previously. The export price index is also projected to rise 1.5% to match the previous month's gain.
The April US housing market index, slated for 10 am ET, is seen coming in at 37 versus 38 previously.