Equities in the United States traded lower in the premarket on Wednesday after AT&T Inc. revealed its revenue in the fourth quarter of 2020 went down by 2.3%. Traders are also waiting for the results achieved in the same period by The Boeing Company, Apple Inc., Facebook Inc., Tesla Inc., and Levi Strauss & Co.

The Dow Jones Industrial Average sank by 1.01% or by 311 points at 7:19 am ET. The Nasdaq decreased by 0.40% at 7:25 am ET, while at the same time, the S&P 500 decreased by 1.02%.

The euro lost 0.43% to the dollar to sell for $1.21147 at 7:26 am ET.