Dow futures now edge up by 38 points, supported by gains in pre-market trading for Caterpillar and Boeing. Industrial demand indicators are showing mild improvement, sparking renewed interest from institutional buyers. The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.40% at $663.50, while the QQQ declined 0.45% to $597.69, according to Benzinga Pro data. Crude oil futures were trading higher in the early New York session by 0.11% to hover around $61.85 per barrel. Dow futures now hover in a tight range amid mixed global cues, as Asian markets ended flat while European bourses gained on energy sector rally. Analysts suggest a breakout could occur if jobless claims data confirms labor market resilience, easing recession fears.