India, April 9 -- Developments on the tariff front are likely to remain in the spotlight on Wednesday, while traders are also likely to keep an eye on the minutes of the latest Federal Reserve meeting.

Early signs from the U.S. Futures Index suggest that Wall Street might open in negative territory. The FOMC minutes might be the highlight on Wednesday.

As of 8.10 am ET, the Dow futures were declining 724.00 points, the S&P 500 futures were down 88.00 points and the Nasdaq 100 futures were falling 264.75 points.

The U.S. major averages finished significantly down on Tuesday. The Nasdaq plunged 335.35 points or 2.2 percent to 15,267.91, the S&P 500 slumped 79.48 points or 1.6 percent to 4,982.77 and the Dow slid 320.01 points or 0.8 percen...