Wall Street leaned toward small losses before markets opened Wednesday following another all-time high for the S&P 500, according to the Associated Press. Futures for the S&P 500 inched back 0.1%, as did futures for the Dow Jones Industrial Average. Futures for the technology-heavy Nasdaq were unchanged.
The S&P 500 ticked up just 0.2% on Tuesday, enough to finish just above its all-time closing high set last month.
Homebuilder Toll Brothers slid 5.8% in the early going after it posted first-quarter earnings that fell short of Wall Street expectations. Sales and profit were both down from the same quarter a year ago, with the company pegging the uneven results so far this spring on affordability constraints and an abundance of inventory in some markets.
In energy trading, benchmark U.S. crude added 66 cents to $72.49 per barrel. Brent crude, the international standard, rose 61 cents to $76.45 per barrel.
In currency trading, the U.S. dollar weakened to 151.83 Japanese yen from 152.01 yen.
