US stocks looked set to open slightly higher on Wednesday as investors assessed bank earnings and economic data, while awaiting Federal Reserve Chair Janet Yellen’s speech. Shares of Goldman Sachs were up 0.5% at $237 in premarket trading after the bank reported a nearly four-fold rise in quarterly profit. Citigroup edged up after posting a 7% rise in profit. Investors are also awaiting President-elect Donald Trump’s inaugural speech on Friday to gain insight into his plans for the US economy. "There is a lot of uncertainty hovering over the market, regarding what policies will be implemented," said Quincy Krosby, market strategist at Prudential Financial. "But the market appears to be giving the President-elect the benefit of doubt." The Trump rally, which drove Wall Street to record highs, has been showing signs of fatigue since the start of the year as investors get increasingly nervous about his unconventional approach to trade and politics. U.S. stocks closed lower on Tuesday, ...
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