U.S. stock futures lower  in pre-market trading for Wednesday, August 15.The Dow Futures is trading at 25,323.00 up with +0.43% percent or +108.00 point.The S&P 500 Futures is trading at 2,837.50 up with +0.42% percent or +12.00 point. The Nasdaq Futures is trading at 7,457.50 up with +0.55% percent or +38.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,356.08 up with +2.28% percent or +498.65 point. Hong Kong’s Hang Seng is trading at 27,719.23 with a loss of -0.78% percent or -217.34 point. China’s Shanghai Composite is trading at 2,780.96 with a loss of  -0.18% percent or  -4.91  point. India’s BSE Sensex is trading at 37,892.07 up with +0.66% percent or +247.17 point at 12:15 PM.The FTSE 100 is trading at 7,642.20 with a loss of -0.0033% percent or -0.25 point. Germany’s DAX is trading at 12,393.71 up with +0.28% percent or +34.97 point. France’s CAC 40 is trading at 5,428.31  up with +0.30% percent or +15.99 point. The Stoxx Europe 600 is trading at 385.99 with up with +0.29% percent or +1.12 point.

Wednesday’s Factors and Events

U.S. stock index futures posted sharp gains ahead of Tuesday’s open as investors tried to move on from the uncertainty surrounding Turkey’s economic crisis.

Aside from concerns over a tit-for-tat trade dispute between the U.S. and major economies including China, market focus has been mainly fixated by the economic crisis in Turkey.

Ankara’s financial troubles have sparked fear of contagion with the country’s currency having taken a deep slide. The lira has lost more than 45 percent of its value over the course of this year, according to Reuters.