U.S. equity futures were little changed on Wednesday as investors weighed contrasting corporate results and awaited fresh inflation data. E-mini S&P 500 contracts slipped 0.1% and Nasdaq-100 futures fell 0.2%, while small-caps edged higher. The cautious tone followed a hotter-than-expected June consumer-price reading that has led traders to pare bets on Federal Reserve rate cuts later this year. Attention now turns to the June Producer Price Index, due before the opening bell, alongside scheduled remarks from several Fed officials. Semiconductor-equipment maker ASML Holding NV was the morning’s biggest drag on technology benchmarks. The stock dropped about 8% in pre-market trading after the Dutch company issued weaker guidance for the current quarter and narrowed its 2025 outlook, citing uncertainty created by U.S. tariff policy. The warning pressured other chip-equipment names and contributed to the Nasdaq’s underperformance. Banks provided a partial offset. Bank of America climbed roughly 2.5% after reporting second-quarter earnings that exceeded analysts’ estimates on stronger net interest income and investment-banking fees, while expenses and provisions for credit losses came in lower than forecast. Goldman Sachs and Morgan Stanley are scheduled to report later in the session. Johnson & Johnson also traded higher—up about 1.5%—after the healthcare group topped consensus on both earnings and revenue.