Opening calls are indicating a flat open.
Asian stocks fell, erasing an early rally, after companies cut profit forecasts and data showed weakening economic growth across the region.
U.S. stocks traded in a narrow range Tuesday, after worse-than-expected U.S. housing and manufacturing data tempered the modest enthusiasm over Europe’ progress on a new fiscal pact.
The Dow Jones industrial average slid 21 points, or 0.2%.The S&P 500 shed 0.6 points, or 0.1%. The Nasdaq added 2 points, or or 0.1%.
German Chancellor Angela Merkel arrives in Beijing on Wednesday, kicking off a three day visit to China.
Manufacturing data from the UK will be released at 9:30am on Wednesday, followed by a flash estimate of euro area inflation at 10:00 UK time.