Futures flat as Trump tax plan awaited
U.S. stock index futures were little changed on Wednesday amid a flood of corporate earnings, while investors awaited President Donald Trump's tax plan.
NEW YORK The U.S. economy is on track to expand at a 0.5 percent annualized pace in the first quarter following data on housing starts and industrial output in March, the Atlanta Federal Reserve's GDP Now forecast model showed.
The latest first-quarter gross domestic product estimate was unchanged from the growth rate calculated on April 14, the Atlanta Fed said on its website.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)
LONDON World stocks hit a record high on Wednesday after strong earnings and the prospect of tax cuts for corporate America pushed U.S. shares to stratospheric levels and the euro held on to recent gains as political concerns in France ebbed.