By Oliver Gray
Investing.com - U.S. stock futures were trading slightly lower during Wednesday's evening deals, after a negative session among major indices as investors weigh recession risk following the latest meeting minutes from the Federal Reserve.
By 18:45 ET (22:45 GMT), Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were each trading 0.1% lower
In extended deals, Rent the Runway Inc (NASDAQ:RENT) fell 7% after it reported Q4 losses of $0.40 per share versus estimated losses of $0.51 per share, while revenue came in at $75.4 million versus $73.56 million expected.
Ahead in Thursday's session, traders will be watching for key PPI data as well as weekly jobless claims. On the earnings front, major financial companies including JPMorgan Chase & Co (NYSE:JPM) and Citigroup Inc (NYSE:C) are scheduled to report results.
During Wednesday’s regular session, the Dow Jones Industrial Average lost 38.3 points or 0.1% to 33,646.5, the S&P 500 lost 17 points or 0.4% to 4,092, and the Nasdaq Composite lost 102.5 points or 0.9% to 11,929.3.
On the data front, U.S. CPI accelerated lesser than expected for the month of March, coming at 0.1% versus 0.2% month-over-month, and 5% versus 5.2% annualized.
In addition, minutes from the FOMC meeting noted growing concerns of further financial turmoil ahead of corporate earnings season.
On the bond markets, United States 10-Year rates were at 3.4%.
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