april 19 reuters  us stock index futures fell on wednesday as treasury yields rose on expectations the federal reserve could keep interest rates higher for longer while a slide in tesla and netflix shares was set to weigh on the techheavy nasdaq tesla inc tslao dropped 28 in premarket trading after the electricvehicle maker cut prices on some of its model y and model 3 vehicles in the united states the sixth time it has lowered prices this year the company is due to report januarymarch quarter results after the closing bell on wednesday netflix inc nflxo slipped 16 after the videostreaming pioneer beat wall street earnings estimates for the first quarter but offered a downbeat forecast the benchmark sp 500 spx closed at a more than twomonth high on tuesday as strength in some big technology stocks countered disappointing quarterly reports from johnson  johnson jnjn and goldman sachs gsn wall street bank morgan stanley msn regional lender us bancorp usbn oilfield services firm baker hughes bkro and healthcare firm abbott abtn are among the companies reporting results before the opening bell while the start of the earnings season has been largely supportive for equities investors will be closely watching updates from market heavyweights as well as consumer companies for signs of inflation and an economic slowdown hurting margins mixed economic data recently has fueled bets that the us central bank will hike interest rates by 25 basis points in may with traders giving nearly 85 odds for such a move as per cme groups fedwatch tool the 2year treasury yield  most reflective of shortterm rate expectations hit a onemonth high of 427 on wednesday and the 10year yield hit a fourweek high as traders scaled back expectations of rate cuts later this year the feds beige book a snapshot of the health of the us economy will be released at 200 pm et 1800 gmt and investors will scrutinize it for impact on the recent banking crisis on economic activity fed governor michelle bowman is set to speak later in the day at 0549 am et dow eminis were down 165 points or 048 sp 500 eminis were down 255 points or 061 and nasdaq 100 eminis were down 12075 points or 092 western alliance bancorp waln rallied 155 after the regional bank posted strongerthanexpected earnings and said its deposits had stabilized after the march banking crisis shares of banks first republic bank frcn zions bancorporation ziono and pacwest bancorp pacwo rose between 11 and 41 in premarket trade reporting by sruthi shankar in bengaluru editing by vinay dwivedi