PARIS (Reuters) - Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.91 percent, Dow Jones futures down 0.77 percent and Nasdaq 100 futures down 0.95 percent at 0925 GMT.
European shares slipped and the euro touched a 23-month low on Wednesday as investors worried that Spain's banking problems would push its borrowing costs to unsustainable levels, while worries over Italy's borrowing costs also rattled investors.
Charts show the blue-chip Euro STOXX 50 <.STOXX50E> index's 50-day moving average crossing below the 200-day moving average in early trading on Wednesday, a strongly bearish technical signal called 'death cross', which usually means further losses in the index six months down the road.
Facebook
Smartphone maker HTC <2498.TW> said on Wednesday its latest smartphones have passed a U.S. customs review, clearing the way for it to ramp up sales in the United States as it looks to turn around a decline in what was once its largest market.
Research In Motion Ltd
Stanley Black & Decker Inc
Apple Inc
On the macro front, investors awaited pending home sales for April. Economists in a Reuters survey expect a 0.1 percent rise compared with a 4.1 percent rise in the previous month.
U.S. stocks rose on Tuesday as signs Greece would stay in the euro zone were enough to spark buying in what has been a weak month for equities, while Facebook plumbed new lows on high volume.
The Dow Jones industrial average <.DJI> rose 125.86 points, or 1.01 percent, to 12,580.69. The S&P 500 Index <.SPX> added 14.60 points, or 1.11 percent, to 1,332.42. The Nasdaq Composite <.IXIC> gained 33.46 points, or 1.18 percent, to 2,870.99.
(Reporting by Blaise Robinson; Editing by Susan Fenton)