08:23 AM EDT, 10/15/2025 (MT Newswires) -- US equity futures were higher pre-bell Wednesday, lifted by strong quarterly earnings from Bank of America ( BAC ) , while US-China trade tensions lingered.

Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.8% higher.

Bank of America ( BAC ) reported higher Q3 earnings and revenue that also topped analysts' estimates. The company's shares were up 5% pre-bell.

In a social media post on Tuesday, President Donald Trump said the US is "considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution."

Oil prices were little changed, with front-month global benchmark North Sea Brent crude up 0.1% at $62.48 per barrel and US West Texas Intermediate crude up 0.3% at $58.86 per barrel.

The Empire State Manufacturing Index, scheduled for release at 8:30 am ET, is seen coming in at negative 1.8 for October after a negative 8.7 reading in September, according to estimates compiled by Bloomberg.