NEW YORK ( TheStreet) -- U.S. futures were signaling a higher open on Wall Street Wednesday ahead of the release of minutes from the Federal Reserve's January meeting.
The economic calendar in the U.S. on Wednesday includes the Empire State manufacturing index for February at 8:30 a.m. EST; industrial production and capacity utilization for January at 9:15 a.m.; and the release of the minutes of the Fed's last open market committee meeting at 2 p.m.
U.S. lawmakers reached a tentative deal Tuesday extending a 2 percentage-point payroll tax cut and extra jobless benefits through 2012. Both Democrats and Republicans said the deal wasn't final and still could be altered. If completed, final congressional approval was possible by Friday, according to The Associated Press.
Federal criminal authorities are investigating whether a Goldman Sachs (GS - Get Report) technology analyst leaked inside information to hedge funds, The Wall Street Journal reported, citing people close to the situation. The development takes the broadening insider-trading investigation inside the research operation of a major Wall Street firm for the first time, the Journalsaid. It involves Henry King, a high-profile analyst well-known among technology investors for prescient calls on tech firms, the people told the newspaper.
Earnings reports are scheduled Wednesday from Comcast (CMCSA - Get Report) and Deere (DE).
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel