Stock futures fell Wednesday as traders struggle to find their footing after the S&P 500 notched a fresh bear market low in the previous session.
Futures for the Dow Jones Industrials slid 93 points, or 0.3%, early Wednesday to 29,110.
Futures for the S&P 500 let go of 19 points, or 0.5%, to 3,642.
Futures for the NASDAQ Composite Index lost 110 points, or 1%. at 11,223.75.
Stock futures pared earlier losses after the Bank of England said it would temporarily purchase long-dated U.K. government bonds in an effort to stabilize the plunging British pound. Sterling briefly popped on the news before trading 0.5% lower against the dollar at $1.0647.
In Japan, the Nikkei 225 collapsed 1.5%, while in Hong Kong, the Hang Seng fell 3.4%.
Oil prices took on a nickel to $78.55 U.S. a barrel.
Gold prices docked 80 cents to $1,648.30 U.S. an ounce.