What Wall Street watches today: U.S. economic calendar, housing signals and a $13 billion Treasury auction
U.S. stock futures edged higher premarket Wednesday after Wall Street’s sharpest drop in three months. Mortgage applications jumped 14.1% last week, with refinancing up 20%. The Treasury will auction $69 billion in 17-week bills and $13 billion in 20-year bonds. The Supreme Court will hear arguments in a case involving President Trump and Fed Governor Lisa Cook at 10 a.m.