Stock exchanges in the United States traded lower in the premarket on Wednesday as investors awaited more quarterly reports by major companies. AT&T, Abbott Laboratories and Boeing are set to release their respective fourth-quarter figures before the opening bell, while Tesla, IBM and Levi Strauss are expected to do so after the stock markets close.

The Dow Jones Industrial Average index was down 0.27% or 88 points, the Nasdaq 100 declined 0.64% and the S&P 500 decreased 0.40% at 4:00 am ET.

The euro was 0.08% lower compared to the US dollar, changing hands for 1.08746 at the same time.