S&P 500 futures steady after two-day rally ahead of earnings flood

U.S. stock-index futures traded flat as investors paused after two consecutive sessions of gains. The S&P 500 had risen 0.7% over the previous day as corporate earnings beat expectations, but traders now await results from Netflix, Tesla, and Coca-Cola. Market volatility index remained subdued at 11.4 points while bond yields held around 4.55%. Analysts expect a short-term consolidation phase before next week’s Fed policy update and key GDP data release.