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Latest Business News: Stock Futures Tick Higher Before Data, Fed in Focus

Wochit 0:48 mins

U.S. stock-index-futures edged higher, a day after a slight-decline, as investors braced for housing-and-consumer data in a week packed with economic numbers. The S&P 500 rose on Tuesday after earnings from Pfizer and others supported the market, but Mosaic and other potash producers tumbled on expectations of a global price decline. A profit warning from Fiat's U.S. unit Chrysler, which generates most of the group's net income, knocked the Italian automaker's shares lower even though it confirmed combined full-year targets.

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