Dow futures YMZ8, +0.10% dropped 116 points, or 0.5%, to 25,214, while S&P 500 futures ESZ8, +0.07% fell 14.85 points, or 0.6%, to 2,712.50. Nasdaq-100 futures NQZ8, -0.15% slid 66.75 points, or 1%, to 6,785.25. Stocks closed mostly lower on Tuesday as oil plunged, with crude CLZ8, +0.88% down another 0.3% on Wednesday.
Investors were watching closely for Brexit deal news out of the U.K. as Prime Minister Theresa May prepares to bring an agreement with the EU to a divided cabinet. Weak German growth data and Italy’s refusal to revise its budget were driving European stocks lower, with the Stoxx Europe 600 index SXXP, -0.27% dropping over 1%.