U.S. stock markets were set to open lower on Wednesday, with stocks futures falling in line with European shares after a Greek official told reporters that the country's international lenders had rejected its latest proposals on talks to secure aid and avoid a default.
A Greek government official said that Prime Minister Alexis Tsipras had told associates that Greece's proposed measures had not been accepted by creditors, Reuters reported.
In economic news, the final read on first-quarter gross domestic product (GDP) data showed a decline of 0.2 percent, in-line with expectations and above a previous estimate of a 0.7 percent contraction.
Futures held lower, with the Dow futures off about 70 points.
The 10-year Treasury yield edged lower to 2.37 percent, while the 2-year yield held steady at 0.70 percent. The U.S. dollar trimmed losses slightly, trading about a third of a percent lower.