5/25, 2:04 PM (Source: TeleTrader)
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US lower premarket with Fed, Davos in focus

Major indexes in the United States fell lower in the premarket trade on Wednesday as the World Economic Forum continues. Earlier, Ukrainian President Volodymyr Zelensky cast doubts on peace negotiations with Russia, while the European Union remains divided on the Russian oil embargo.

The Dow Jones lost 0.42% at 8:03 am ET, while the Nasdaq 100 dropped 0.62% and the S&P 500 fell by 0.44% at the same time.

The euro traded 0.73% lower compared to the dollar and sold for 1.06570 at 8:04 am ET.

Baha Breaking News (BBN) / DJ