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·         The Dow Jones Industrial Average declined 0.54 percent to end at 24,174.82 points, while the S&P 500 lost 0.49 percent to 2,713.22.

The Nasdaq Composite dropped 0.86 percent to 7,502.67.

Wall Street dipped on Tuesday, weighed down by Apple, Facebook and other technology stocks, in a trading session ending early ahead of the U.S. July 4 holiday.

·         Asian stocks were mixed early on Wednesday, with Japanese markets under-performing as trade jitters continued to simmer ahead of a deadline when tariffs are due to take effect.

 Japan's benchmark Nikkei average .N225 opened down 0.49 percent at 21,679.00 on Wednesday, while the broader Topix .TOPX shed 0.37 percent to 1,686.47.

In Japan, the Nikkei 225 declined 0.47 percent in the morning, with the services sector leading losses in early trade. Semiconductor industry plays also traded lower, with Tokyo Electron down 3.45 percent.

South Korean stocks drifted slightly higher, with the Kospi edging up by 0.08 percent, while in Australia, the S&P/ASX 200 slipped 0.23 percent amid weakness in the financials and information technology subindexes.

Elsewhere, Malaysian investors are likely to keep an eye on the arrest of former prime minister Najib Razak amid investigations into 1Malaysia Development Berhad. The former premier is expected to be charged on Wednesday, Reuters said.

 Reference: Reuters, CNBC