Trading in the U.S. index futures suggests that Wall Street stocks may fight back after two days of steep losses. The major U.S. index futures point to a modestly lower opening on Wednesday. Oil is higher since early Asian session after settling the New York session near six year lows. Other commodities are also stabilizing and the dollar is giving back some ground. After Asian markets fell yet again, the European markets got off to a firm start but have since then lost momentum. With some deal speculation doing the rounds in the domestic markets, the markets could attempt to make a comeback.