Market

US Stock Markets Edge Lower Premarket Amid Economic Data Anticipation

US Stock Markets Show Slight Decline in Premarket Trading

Following a disappointing consumer confidence report, major US stock indices experienced minor losses during premarket trading on Wednesday. Investors are now turning their attention to upcoming economic data, including weekly mortgage applications and February's durable goods orders, alongside speeches from Federal Reserve officials.

Market Movements and Currency Updates

By 4:23 am ET, the Dow Jones had decreased by 0.13%, with the Nasdaq 100 and S&P 500 also seeing declines of 0.19% and 0.16%, respectively. Meanwhile, the euro remained stable against the dollar, trading at 1.07888 at 4:24 am ET.