Market

US Stock Markets Edge Lower in Premarket Amid Economic Data Focus

Premarket Trading Shows Slight Downturn

Following a disappointing consumer confidence report, major U.S. 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, as well as speeches from Federal Reserve officials.

Index Performance Highlights

By 4:23 am ET, the Dow Jones had slipped by 0.13%, while the Nasdaq 100 and the S&P 500 saw declines of 0.19% and 0.16%, respectively.

Currency Markets Remain Steady

The euro held steady against the dollar, trading at 1.07888 at 4:24 am ET, indicating a quiet session in the currency markets.