Whether it's the election or the Federal Reserve, investors Tuesday evening pushed futures for U.S. markets lower over fears of a future rate rise and who might become the 45th president.

The Dow Jones Industrial Average and Nasdaq were both off 0.05% at 9:13 p.m. EDT, while the S&P 500 pared 0.07%.

Investors Wednesday will be watching an afternoon announcement from the Fed after its monthly two-day meeting. While investors don't believe that the central bank will announce a rate increase, who can be sure? And they're looking for some kind of indication that the Fed will indeed raise rates next month, as expected.

Oh, and investors are also bothered by the ongoing tiff between Democratic presidential candicate Hillary Clinton and the FBI and the latest investigation into her private email server.

The jitters hit markets around the world Tuesday with the Dow off 0.58% in regular trading, while the Nasdaq fell 0.69% and the S&P 0.68%. In Europe, Germany's Dax lost 1.3%, the FTSE in London, 0.53%, and the Cac in Paris, 0.86%.

Asia also opened lower Wednesday, spooked by the U.S. fears as well as lower oil prices. The Nikkei in Japan was down 1.24%, the Kospi in South Korea, 0.88%, and the Hang Seng in Hong Kong, 0.91%, while the ASX in Australia dropped 1.02% at 9:42 p.m. EDT.

In oil, industry standard Brent crude lost 0.46% to $47.92 per barrel, while a barrel of West Texas crude lost 0.6% to $46.39. The prices represent futures for delivery in January and December, respectively, and were valid as of 9:29 p.m. EDT.

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