09:14 AM EST, 11/05/2025 (MT Newswires) -- US equity futures were flat ahead of Wednesday's opening bell as investor sentiment stabilizes following Tuesday's sell-off driven by concerns over stretched valuations in technology stocks.

Dow Jones Industrial Average futures and S&P 500 futures were both up 0.1%, while Nasdaq futures were 0.04% higher.

On Tuesday close, Palantir Technologies ( PLTR ) and Nvidia ( NVDA ) shares were down nearly 8% and 4%, respectively, after a regulatory filing showed that investor Michael Burry placed bearish bets on both stocks. The technology sector-heavy Nasdaq Composite also closed 2% lower.

Oil prices were lower Wednesday, with front-month global benchmark North Sea Brent crude down 0.4% at $64.19 per barrel and US West Texas Intermediate crude 0.5% lower at $60.27 per barrel.

The ADP Institute's October employment report, released at 8:15 am ET, showed private payrolls increased by 42,000 after a 29,000 drop in the preceding month, compared with estimates compiled by Bloomberg for a 30,000 increase.

In other world markets, Japan's Nikkei closed 2.5% lower, Hong Kong's Hang Seng ended 0.07% lower, and China's Shanghai Composite finished 0.2% higher. Meanwhile, the UK's FTSE 100 was up 0.2%, and Germany's DAX index was down 0.3% in Europe's early afternoon session.

In equities, Kennedy-Wilson (KW) shares were 29% higher pre-bell after the company said late Tuesday it received a $10.25-per-share takeover proposal from Chief Executive Officer William McMorrow and Fairfax Financial.

On the losing side, Biohaven ( BHVN ) shares were 39% lower after the company said late Tuesday the US Food and Drug Administration has recommended a meeting to discuss the evidence that will be required to support a future new drug application for spinocerebellar ataxia.