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Stock futures trade lower ahead of economic reports

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www.fox29.com

If you are struggling with finances during the pandemic, these tips may be helpful. NEW YORK - U.S. equity futures are pointing to a lower open on Wednesday, ahead of economic reports that will show the impact of the coronavirus.

The major futures indexes are indicating a decline of 1.7 percent when trading begins. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates Retail sales for March will get most of the attention.

The anticipated 8.0 percent decline would be the steepest monthly loss on record. Meantime, the New York Fed’s Manufacturing Index is expected to plunge to a record-low -35.0 in April.

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