US Futures Point to a Lower Open on Wall Street

U.S. stock record futures were lower Wednesday morning.

At around 05:00 a.m. ET, Dow futures fell 56 points, showing a negative open of in excess of 27 points. Futures on the S&P and Nasdaq were both in significantly lower.

The moves in pre-advertise exchange come after the U.S. House of Representatives chose to authoritatively start an impeachment investigation into President Donald Trump. It is yet indistinct how much impact there will be on the President, given that an impeachment process has to, at last, be approved by the Senate and the chamber is commanded by Republicans.

Just three American presidents before Trump have confronted serious impeachment proceedings, and Congress has never booted one from the White House. Regardless of whether Democrats, in the long run, impeach Trump, the Republican-held Senate may never see him as blameworthy and expel him from office.

Meanwhile, investors are also observing developments on the exchange front. Speaking in New York, Tuesday, President Trump said he won't accept an "awful" economic agreement with China. Trump also contended the World Trade Organization needs "drastic change" to manage malpractices from China and different countries.

On the information front, there will be new homes sales information at 10:00 a.m. ET.

Incorporate news, KB Home will report after the ringer.

Several Fed members will also be making speeches for the duration of the day, including Chicago Fed President Charles Evans at 9:00 a.m. ET.