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• The S&P 500 and the Dow industrials registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.

The Dow Jones Industrial Average .DJI rose 118.77 points, or 0.49 percent, to 24,504.8, the S&P 500 .SPX gained 4.12 points, or 0.15 percent, to2,664.11 and the Nasdaq Composite .IXIC dropped 12.76 points, or 0.19 percent, to 6,862.32.

• Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was a few ticks higher in early trade.

Japan's Nikkei stock index .N225 edged down slightly, shrugging off data that showed Japanese core machinery orders rose a more-than-expected 5percent in October in a sign of resilient capital spending.

Reference: Reuters, CNBC