Futures for U.S. markets were lower late Wednesday after investors learned little of President-elect Trump's fiscal policies and will now look to half a dozen appearances by Federal Reserve officials Thursday for guidance on the economy.
Both the S&P 500 and Dow Jones Industrial Average were 0.09% lower while Nasdaq lost 0.11% at 9:07 p.m. EST.
Investors had hoped to learn more about Trump's economic visions during his first post-election press conference Thursday but found few answers. The Fed appearances Thursday should give some indication of how officials there expect the government to behave under the new administration.
Although Trump made threats to drug companies, it had little impact on markets, with all three indices gaining Wednesday, including a fresh record for Nasdaq. The S&P closed 0.28% higher while the Dow added 0.5%. Nasdaq gained 0.21% to 5,563.65, its fifth straight all-time high.
Nasdaq wasn't the only record Wednesday with London's FTSE adding 0.21% to a record 7,290.49 after industrial data showed a rebound there, leading investors to hope Brexit preparations haven't damaged the economy as much as feared. Germany's Dax outpaced its U.K. counterpart with a 0.54% gain while the Cac in Paris was mostly unchanged with a mere 0.01% increase.
Asia was mixed in early trade with Japan's Nikkei off 0.8% at 9:27 p.m. EST after the yen gained early, making exports more expensive. The Hang Seng in Hong Kong was also off 0.08% at the same time while the Kospi in South Korea added 0.26% and the ASX in Australia rose 0.29%.
Still, the yen gave back the gains and traded 0.61% lower at 114.72 at 9:35 p.m. EST. The dollar index, which measures the greenback against a number of currencies, also slipped 0.21% at 9:27 p.m. EST to 101.57, well off its recent 52-week high of 103.8.
In energy, a barrel of West Texas crude cost $52.17, down 0.15%, while a barrel of industry standard Brent lost 0.04%, to $55.08. The prices are futures for delivery in February and March, respectively.
At least one early arrival to the earnings season party affected after-hours trade. Shares of KB Home(KBH) - Get Report constructed a 2.4% increase in extended trading to $17 after the homebuilder reported a 21% increase in fourth-quarter revenue to $1.19 billion.
Its backlog, which measures how many houses it's building, gained 11% in the final three quarters of the year while deliveries added 19%, to 3,060. Still, the financial services division of Los Angeles-based KB lost $700,000 after profit of $4 million in the final three months of 2015, pulling group net income down to $37.5 million from $44 million.