© Reuters.
By Oliver Gray
Investing.com - U.S. stock futures were trading lightly 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 6:45pm ET (10:45pm GMT) Dow Jones Futures, S&P 500 Futures, Nasdaq 100 Futures were each trading 0.1% lower
In extended deals, Rent the Runway Inc (NASDAQ:RENT) fell 7% 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, CPI accelerated than less 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%.
