07:24 AM EDT, 04/30/2025 (MT Newswires) -- The main US stock measures were mostly pointing lower in Wednesday's premarket activity as investors await key economic data, including the personal income and outlays report for March, as well as the latest financial results of two of the largest technology companies.

The S&P 500 decreased 0.3% and the Nasdaq was off 0.4% before the opening bell, while the Dow Jones Industrial Average was slightly in the green. The indexes finished the previous trading session higher, with the S&P 500 and the Dow recording gains for the sixth consecutive day.

Last month's personal income report is scheduled for a 10:00 am ET release and includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric. The advance estimate for the first-quarter gross domestic product is out at 8:30 am, along with the employment cost index for the same quarter.

Wednesday's economic calendar also has the weekly mortgage applications bulletin due at 7 am, followed by the ADP Employment report for April at 8:15 am. US job openings and layoffs fell in March, government data showed Tuesday.

The Chicago Purchasing Managers' Index for the current month posts at 9:45 am, followed by the pending home sales report for March at 10 am and the Atlanta Fed's survey of business uncertainty report for April at 11 am.

Technology giants Microsoft ( MSFT ) and Meta Platforms ( META ) are slated to report quarterly earnings after the markets close, along with semiconductor manufacturer Qualcomm (QCOM). Caterpillar ( CAT ) , Yum! Brands ( YUM ) , Humana (HUM), GE HealthCare Technologies ( GEHC ) and Stellantis ( STLA ) are some of the major companies posting their financial statements before the bell.

Shares of Visa (V) were up 0.5% pre-bell as the payment processor reported better-than-expected fiscal second-quarter results. Starbucks ( SBUX ) dropped 7.1% as the coffee giant's fiscal second-quarter earnings fell more than expected, while revenue fell short of estimates.

President Donald Trump on Tuesday signed a proclamation to offer some relief to US automakers from his recently announced 25% vehicle and auto parts tariffs. China has set up a list of US-made imports exempt from its 125% tariffs and started notifying companies about the policy, Reuters reported Wednesday.

Trump said Tuesday that trade talks with India were "coming along great," CNBC reported.

Two-year US Treasury yields moved 0.6 basis points higher in premarket action to 3.66%, while the 10-year rate retreated 0.8 basis points to 4.17%.

West Texas Intermediate crude oil declined 0.9% to $59.93 a barrel before the open amid increased concerns about global fuel demand. The weekly EIA domestic petroleum inventories report is out at 10:30 am.

Bitcoin nudged 0.4% lower to $94,951, while gold slipped 1.5% to $3,284 per troy ounce.