us stock futures traded lower in early premarket trade after the nasdaq composite surged around 270 points in the previous session investors are awaiting earnings results from smart global holdings inc sgh and lindsay corporation lnn data on international trade in goods and services for february will be released at 830 am et while data on services pmi for march will be released at 945 am et the ism services pmi for march is scheduled for release at 1000 am et federal reserve bank of minneapolis president neel kashkari is set to speak at 1000 am et while federal reserve governor lael brainard will speak at 1105 am et federal reserve bank of new york president john williams is set to speak at 200 am et futures for the dow jones industrial average dropped 86 points to 3474300 while the standard  poor’s 500 index futures slipped 1150 points to 456625 futures for the nasdaq index fell 4275 points to 1512150 check out our premarket coverage here  oil prices traded higher as brent crude futures rose 11 to trade at 10866 per barrel while us wti crude futures rose 12 to trade at 10452 a barrel the api’s report on crude oil stocks will be released later during the day the us has the highest number of covid19 cases and deaths in the world with total infections in the country exceeding 81832610 with around 1008190 deaths india reported a total of at least 43029040 confirmed cases while brazil confirmed over 29999810 cases check out this insiders buying these 4 penny stocks   european markets were mostly lower today the stoxx europe 600 index fell 02 while spain’s ibex 35 index rose 04 and london’s ftse 100 fell 02 the french cac 40 index fell 16 while german dax dropped 06 the sp global eurozone composite pmi increased to 549 in march from a preliminary reading of 545 while services pmi was revised higher to 556 in march from a preliminary estimate of 548 the sp global france composite pmi climbed to 563 in march from 555 in february while uk services pmi was revised higher to 626 in march from a preliminary of 61 german services pmi was revised higher to 561 in march from a preliminary of 55 frances industrial production dropped 09 from a month ago in february asian markets traded mostly higher today japan’s nikkei 225 rose 019 and hong kong’s hang seng index climbed 21 australia’s spasx 200 rose 02 while india’s bse sensex fell 07 the reserve bank of australia maintained the cash rate unchanged at a record low level of 01 japan’s services pmi rose to 494 in march from the preliminary estimate of 487 while household spending rose by 11 in real terms from the previous year in february mkm partners downgraded twitter inc twtr from buy to neutral and announced a 49 price target check out this executives sell over 640m of 5 stocks   the united states and europe are working on new sanctions against russia over reports of committing mass killings of civilians in ukraine according to reuters   nio inc is in talks with several automakers for licensing its batteryswapping technology financial times reported citing the electric vehicle maker’s european president hui zhang   acuity brands inc reported upbeat results for its second quarter   xponential fitness inc reported a public offering of 45 million shares of the common stock by selling stockholders check out other breaking news here