07:04 AM EDT, 04/10/2024 (MT Newswires) -- The main US stock measures were mostly trending marginally higher in Wednesday premarket activity as investors take positions ahead of the release of a key inflation report.
Standard & Poor's 500 futures were slightly in the green and the Dow Jones Industrial Average edged up 0.1% before the open, while the Nasdaq was off less than 0.1%. Asian exchanges were mixed to lower while European bourses were tracking north.
The consumer price inflation report for March is scheduled for 8:30 am ET. Also on the economic calendar, the weekly mortgage applications bulletin posted at 7 am and wholesale inventories for February is out at 10 am.
The weekly EIA domestic oil inventories report is out at 10:30 am. The Federal Reserve will post minutes of its March policy session at 2 pm, which will be parsed for clues on rate moves by the central bank.
Fed Governor Michelle Bowman is scheduled to speak at 8:45 am, while Federal Reserve Bank of Chicago President Austan Goolsbee speaks at 12:45 pm.
Delta Air Lines (DAL) will kick off the latest earnings season with the release of its first-quarter results before the bell, among others.
Before the open, bitcoin was little changed at $68,894, West Texas Intermediate crude inclined 0.5% to $85.64 a barrel, yields on 10-year Treasuries dipped by 0.6 basis points to 4.36% and gold nudged 0.2% higher to $2,367 an ounce.