U.S. Equities Futures were little changed Wednesday following another turbulent trading session. Investors remained cautious as rising rates and correction territory for the Nasdaq kept them from buying.

The Dow Jones Industrial Average futures rose 19 points (0.05%) S&P 500 futures fell 0.04% and Nasdaq 100 futures inched 0.08% lower.

United Airlines shares dropped 2.5% after United Airlines reported quarterly results. They also warned of omicron. has dented bookingsThis will slow down its recovery from pandemic.

Regular trading saw the Dow fall by 3.39 points or 0.9% for the fourth straight day. The S&P 500 also fell 0.9%. Nasdaq Composite fell 0.9% and closed at 1.15%. It is now 10% below its November record.

The year-end turmoil in tech stocks was triggered by an increase in yields during the first week in January. It continued Wednesday, with the U.S. Treasury 10-year yield hitting a record 1.9%. The year began at 1.5%.

Chief investment officer of Commonwealth Financial Network Brad McMillan acknowledged the volatility could be long-lasting but stressed that investors should not panic over interest rate rises and that these are normal when the economy recovers to its normal state.

McMillan explained that “the economy and the markets can and do adapt to changes in interest rate,” McMillan added. This environment is part of the normal cycle, and something we observe on a daily basis. The current trend is perhaps a bit faster than we’ve been seeing, but it is a response to real economic factors—and, therefore, normal in context.”

Banks also began to pull back Wednesday despite the strong earnings reports by Morgan Stanley and Bank of America, which both saw their shares increase.

Regions Financial, Fifth Third, and American Airlines will all report on Thursday earnings before the bell. Netflix will be the most watched name on Thursday. Following the bell, the streaming company will announce its quarterly results.

Investors are looking for numbers Thursday on existing home sales and jobless claims.