In Europe, euro Stoxx futures were steady and Britain's FTSE 100 traded up 0.2%.
Credit Suisse emerged as the big loser in global investment banks' race to exit trading positions as Archegos collapsed
Wealthy Americans have deluged their advisers and accountants with calls for advice on how to avoid being caught by the potential increase.
Wall Street is also bracing for the Biden administration's expected proposal to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.
The cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month.
The broader Euro STOXX 600 gained 0.23%
Eight out of the 11 major S&P 500 sectors traded higher in the first half hour of trading
Shares of mega-cap firms, including Apple, Amazon.com, Facebook and Tesla, fell between 0.3 per cent and 1.8 per cent
Chipmaker Intel Corp is slated to report results on Thursday.
Meanwhile, other cryptocurrencies have been mired in a slump as euphoria from Coinbase Global Inc.'s listing wears off
Nine of the 11 S&P indexes were trading higher
Loss dents record results driven by surge in dealmaking
Wipro, which jumped 10 per cent in the intra-day trade and hit a record high of Rs 474 on the NSE, ended as the top gainer on the Nifty after clocking its best performance in Q4 in a decade
U.S. gold futures eased 0.1% to $1,763.80.
BlackRock edges higher as quarterly profit beats estimates; PepsiCo up as it bets on higher soda sales
Futures on the S&P 500 fell and small cap contracts lost almost 1%
The S&P 500 technology sector fell the most among the 11 major S&P 500 sectors
EPS growth is likely to be largely reflected in market returns, hence expect 10-12 per cent broad returns in the current financial year, says IIFL Securities chairman
Analysts said as long as bitcoin stays above $53,000, it will be able to maintain its $1 trillion market cap
Risk chief Warner, investment bank head Chin to leave