The USA500 is trading at around 4,213 on Wednesday morning.
The S&P 500 index closed at its lowest level since June 1 on Tuesday as economic data underscored the view the Federal Reserve may need to keep interest rates high.
Data showed U.S. job openings unexpectedly increased in August, fueling worries about a tight labour market ahead of Friday's key U.S. monthly jobs report.
Investors continue to closely watch benchmark Treasury yields, which hit 16-year highs on Tuesday.