Wall Street futures declined on Wednesday as the United States government shut down much its operations after lawmakers failed to reach a funding deal.

The impasse has led to the suspension of several federal operations, with agencies warning that the release of the September employment report could be delayed. Around 750,000 federal employees are expected to face furloughs, with an estimated daily economic cost of USD 400 million, according to Reuters report.

Shares of Apple, Alphabet, Meta Platforms, Amazon and NVIDIA Corp were down by up to 0.4 percent in pre-market trade.

At 1:30 pm IST, futures linked to the S&P 500 were lower by 0.77 percent, Nasdaq 100 futures fell 0.93 percent and Dow Jones Industrial Average futures slipped 0.6 percent, signalling a weak start on Wall Street.

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