© Reuters.
by Oliver Gray
Investing.com – U.S. stock futures were trading slightly lower in overnight trading on Wednesday after a negative session among major indices as investors weigh the risk of recession following the latest minutes of the Federal Reserve meeting.
At 6:45 p.m.
In extended offers, rent the track Inc (NASDAQ:) fell 7% in fourth-quarter loss to $0.40 per share vs. estimated loss of $0.51 per share, while revenue came in at $75.4 million vs. $73.56 million expected.
Later in the session on Thursday, traders will be watching key data as well as weekly data. On the earnings front, major financial companies including JPMorgan Chase & Co (NYSE:) and Citigroup Inc (NYSE:) are scheduled to report results.
During Wednesday’s regular session, he lost 38.3 points or 0.1% to 33,646.5, he lost 17 points or 0.4% to 4,092 and he lost 102.5 points or 0.9% to 11,929.3 .
On the data front, it accelerated less than expected for the month of March, reaching 0.1% versus 0.2% monthly and 5% versus 5.2% annualized.
In addition, the minutes pointed to growing concerns of more financial turmoil ahead of corporate earnings season.
In the bond markets, rates stood at 3.4%.