S&P 500 futures were slightly lower Wednesday morning as investors digested quarterly results from tech giants Microsoft and Alphabet. Futures tied to the S&P 500 lost 0.2%. Nasdaq 100 futures fell 0.4% while Dow Jones Industrial Average futures climbed 100 points, or 0.3%. Shares of Microsoft jumped 3.5% following stronger-than-expected results in the fiscal first quarter. Investors were optimistic on the company’s revenue growth, particularly from its Azure cloud segment. Meanwhile, Alphabet shares tumbled more than 6% as its cloud business missed analysts’ estimates, overshadowing its revenue growth and earnings beat. Boeing ticked up 3.1% after the company’s third-quarter results showed revenue for commercial airplanes exceeded expectations. The company also maintained its free cash flow outlook for the year. To be sure, the aerospace giant posted a bigger-than-expected adjusted loss for the quarter. Tech firms IBM and Meta will post quarterly results in the afternoon. About 25% of S&P 500 companies have posted third-quarter earnings thus far. Of those companies, 78% have exceeded expectations. “We’re getting some mixed to positive results in aggregate from the earning season. So, I think we can get back to this Goldilocks period, where we can dream that they’re going to stop raising rates, and eventually there’ll be accommodation — and in the interim — growth,” Trivariate Research founder and CEO Adam Parker said on CNBC’s “Closing Bell” on Tuesday. “I think we’ll end up the year higher based on that.”  The major averages all notched gains in the main trading session on the back of several strong corporate earnings reports. The Dow added more than 200 points, or 0.6%, to break a four-day losing streak. The S&P 500 and Nasdaq Composite gained 0.7% and 0.9%, respectively. During a relatively quiet week for economic data, Wall Street will look toward September’s building permits and new home sales numbers for insight into the housing market. U.S. Treasury yields rose slightly on Wednesday, with the yield on the 10-year rate hovering below 5% but near multiyear highs, as investors considered the state of the economy. At 7:41 a.m. ET, the yield on the 10-year Treasury was up by 2 basis points at 4.86%. The yield on the 2-year Treasury was down about 2 basis points to 5.09%. Asia-Pacific markets are largely up as investors assess Australia’s third-quarter inflation figures, which will give clues to the Reserve Bank of Australia’s monetary policy decision when it meets on Nov. 3. The country’s third quarter inflation rate came in at 5.4%, slightly higher than the 5.3% expected by economists polled by Reuters, but lower than the 6% seen in the second quarter. Hong Kong’s Hang Seng index pared earlier gains, rising 0.44% in its final hour. Mainland Chinese stocks also rose, with the CSI 300 up 0.5%, extending gains for a second straight day and finishing at 3,504.45. In Australia, the S&P/ASX 200 fell marginally after its CPI data release, closing at 6,854.3 and reversing gains from Tuesday. Japan’s Nikkei 225 rose 0.67% to finish at 31,269.92, while the Topix climbed 0.61% to end at 2,254.4. In contrast, South Korea’s markets were the only major indexes in negative territory as Kospi slipped 0.85% to end at 2,363.17, and the Kosdaq fell 1.79% to 770.84. Oil benchmark Brent held around $88 on Wednesday as concerns about war escalating in the Middle East offset demand worries stemming from gloomy economic prospects in Europe. Brent crude futures were down 12 cents to $87.95 a barrel, while U.S. West Texas Intermediate crude futures slipped 20 cents to $83.54 a barrel. Gold prices were stuck in a narrow $10 trading range on Wednesday as investors held back from making big bets ahead of U.S. economic data this week that could shed more light on the Federal Reserve’s interest rates outlook. Spot gold was 0.1% higher at $1,972.09 per ounce, having declined in the previous two sessions and trading below a five-month high hit last week. U.S. gold futures eased 0.2% to $1,983.