U.S. stock futures fell in Wednesday’s pre-market session after tech majors Alphabet (GOOG) and Microsoft (MSFT) released their quarterly financial results on Tuesday. Shares of Alphabet and Microsoft fell 6.4% and 6.9%, respectively.

In economic news, the Mortgage Bankers’ Association’s latest weekly composite index of mortgage applications posted a reading of minus 1.7% compared to a reading of minus 4.5% the previous week.

Separately, the advance retail inventory reading was 0.4% m/m for September, down from 1.4% the previous month. The anticipated wholesale inventory reading was 0.8% m/m for September compared to the previous month’s revised reading of 1.4% and the consensus estimate of analysts polled by Econoday for a reading of 1.1. %.

Dow Jones Industrial Average futures are down 0.29%, S&P 500 futures are down 0.84% ​​and Nasdaq futures are down 1.79%.

Oil prices are rising, with first-month global benchmarks for Brent crude and West Texas Intermediate crude rising 0.57% and 1%, respectively.

Shares of Myomo, Inc. (MYO) soared about 55% in Wednesday’s premarket session. Shares of Schmitt Industries, Inc. (SMIT) fell 1.5%. Shares of Indaptus Therapeutics, Inc. (INDP) rose 8.1%.

Meanwhile, shares of ThermoGenesis (THMO) fell 48.6% after pricing its $2.05 million public offering on Tuesday.

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