U.S. stock index futures opened mixed as investors were preparing for the earnings reports of major U.S. companies.
The Dow jones industrial average futures went higher by 20 points, while the S&P 500 and NASDAQ 100 futures ended the session flat.
The second day of the trading week will continue with the release of corporate earnings. Marriott, Blue Buffalo, Match Group, Lattice Semiconductor, Snap and Zillow are expected to release corporate earnings after the bell rings.
The big haul for the earnings season will start on Black Friday as retailers will go on the biggest sales of the year.
The American Petroleum institute (API) reported a decrease of 1.562 million barrels in U.S. crude oil inventories against the S&P Platts’ survey of analysts that expected inventories would go lower by 2.7 million barrels for the week ending on November 3.
Both WTI and Brent benchmarks went down earlier in the session, but were still near their two-year highs as the market showed increasing faith that OPEC and other non-member exporters would extend their current production cut deal.
West Texas benchmark went down by 0.23 percent and was being traded at $57.22. Brent declined by 0.75 percent closing at $63.79.