Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures. Trump tariff letters and other news remains in focus.Dow giant MerckMRK announced before the open that it will buy Verona PharmaVRNA,

Wall Street is watching for progress on trade talks and on President Trump's massive budget bill in the Senate.

Stocks on Wall Street fell sharply on Monday, led by losses across major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq. The S&P 500 shed 0.8%, its worst single-day drop since mid-June, while the Dow and Nasdaq both declined 0.9%. Despite the setback, all three indices remained close to their recent record highs.