(Reuters) – U.S. stock index futures slipped on Wednesday as yet another round of talks between the White House and Republican representatives over raising the debt ceiling failed to make a breakthrough.

The lack of progress in talks to raise the $31.4 trillion borrowing limit ahead of the June 1 deadline has weighed on Wall Street, with its benchmark indexes ending the previous session sharply lower.

Investors also await minutes from the Federal Reserve’s May 2-3 meeting, due later in the day, to assess the central bank’s interest-rate path.

Shorter-dated Treasury yields continued to rise, with yields on the 1-month bond hitting another record high at 5.8920%.

At 5:39 a.m. ET, Dow e-minis were down 75 points, or 0.23%, S&P 500 e-minis were down 8.25 points, or 0.2%, and Nasdaq 100 e-minis were down 13.25 points, or 0.1%.

Among early movers, Agilent Technologies Inc (NYSE:A) shares fell 9.1% in premarket trading after the company cut its annual sales and profit forecasts.

Several midcap retailers are scheduled to report results on Wednesday including Kohl’s Corp (NYSE:KSS), American Eagle Outfitters (NYSE:AEO) Inc and Abercrombie & Fitch Co.

Chipmaker Nvidia (NASDAQ:NVDA) Corp dipped 0.8% ahead of its quarterly earnings after markets close.