Stock market today: Wall Street mixed before the bell following the worst day for markets in weeks

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Wall Street shifted between small gains and losses in premarket trading, a day after anxiety over the possibility of fewer interest rate cuts sent markets to their worst day in weeks.

People walk past the New York Stock Exchange Wednesday, April 3, 2024 in New York. Healthcare business Solventum started trading at the NYSE on Wednesday. – Wall Street shifted between small gains and losses in premarket trading Wednesday, a day after anxiety over the potential for fewer interest rate cuts dragged markets to their worst day in weeks.Recommended Videos

The latest U.S. inflation reports, covering both the wholesale and consumer levels, are due out next week. In Europe at midday, France's CAC 40 and Germany's DAX each rose 0.2% and Britain's FTSE 100 fell 0.3%. “Investors are grappling with the possibility that this turbulence could mark the beginning of a more significant correction in the markets,” said Stephen Innes, managing partner at SPI Asset Management.

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