(Reuters) -U.S. stock index futures wavered on Wednesday as investors treaded carefully through the thick of earnings season, with Netflix’s weak profit adding a chill to market sentiment.

Shares of Netflix fell 6.8% in premarket trading as the streaming giant missed Wall Street’s third-quarter earnings targets — a rare misstep that has prompted investors to tread cautiously as earnings season hits full throttle.

At 04:59 a.m., Dow E-minis were down 16 points, or 0.03%, S&P 500 E-minis were up 2.25 points, or 0.03% and Nasdaq 100 E-minis were down 27 points, or 0.11%.

Weighing on the Nasdaq futures was an 8.7% drop in Texas Instruments after the chipmaker forecast fourth-quarter revenue and profit below Wall Street estimates.

Peers Microchip Technology dropped 3%, while NXP Semiconduct

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