Here is what you need to know.

The North Korean government threatened to cancel the upcoming summit between President Donald Trump and Kim Jong Un amid ongoing joint military drills involving South Korea and the US, Yonhap News Agency reports.

The US 10-year yield touched 3.07% on Tuesday, its highest since 2011.

Real GDP fell 0.2% in the first quarter, ending the longest expansion since the late 1980s. Japanese government data showed.

The precious metal plunged 1.7% Tuesday to a low of $1,290 an ounce.

David Tepper's hedge fund, Appaloosa Management, exited its 4.5 million-share stake in Apple during the first quarter, a 13-F filing showed Tuesday. The filing was released just hours after Tepper reportedly agreed to buy the Carolina Panthers for $2.2 billion.

The electric-car maker announced Tuesday it will pause production at its California factory for six days at the end of the May to work on fixes to its assembly line for the Model 3, sources inside the company told Reuters.

Shares matched their record low of $10.51 on Tuesday as they struggle to rebound following the disastrous Snapchat redesign.

China's Shanghai Composite (-0.71%) trailed in Asia and France's CAC (-0.12%) lags in Europe. The S&P 500 is set to open little changed near 2,709.

Macy's reports ahead of the opening bell and Cisco Systems releases its quarterly results after markets close.

Housing starts and building permits will be released at 8:30 a.m. ET while industrial production and capacity utilization will cross the wires at 9:15 a.m. ET.