The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to regain ground after coming under pressure late in the previous session.
The markets are likely to benefit from an early advance by shares of Intel (INTC), with the semiconductor giant spiking by 3.6 percent in pre-market trading.
The jump by Intel comes after CEO Pat Gelsinger outlined the company’s path forward to manufacture, design and deliver leadership products and create long-term value for stakeholders.