Stock futures tied to the S&P 500 were lower early Wednesday as traders prepared for a blast of economic data to wrap up a tumultuous month of trading.

slipped 0.51%, while lost 0.66%. added 300 points, or 0.75%.

The major averages ended Tuesday higher after Commerce Secretary Howard Lutnick that the White House was close to announcing a trade deal, but didn't name the country. Later in the afternoon, President Donald Trump said that are "coming along great" and that the U.S. could soon strike an agreement with the nation.

In the previous session, the 30-stock Dow climbed 300 points, while the  gained 0.58%. It was the sixth straight winning day for both indexes, the longest since July for the Dow and since November for the S&P 500. The tech-heavy  gained 0.55%.

April has been a rocky month for markets. Trump's sweeping "reciprocal" tariff announcement on April 2 set off a bout of volatile trading, but the major averages have been gradually narrowing the month's losses. Consider that the S&P 500 on April 7 but has since made a comeback, and is down just 0.9% this month. The Dow is on pace for a 3.5% loss in April, while the Nasdaq is about 0.9% higher.

"U.S. equities have picked up the pace as April 30 rapidly approaches, aiming for the monthly flatline and recouping losses following President Donald Trump's tariff barrage," said Jeff Buchbinder, LPL Financial chief equity strategist.

Treasury Secretary Scott Bessent that "individual investors have held tight, while institutional investors have panicked" in the recent market turmoil. These mom-and-pop investors have been buyers of .

A batch of high-stakes economic reports that could shed light on and dictate the markets' next move awaits on Wednesday.

The first reading of the first quarter's gross domestic product is expected to show an annualized growth rate of 0.4%, adjusted for seasonality and inflation, per Dow Jones estimates. Several banks on Wall Street are already trimming back their GDP estimates, anticipating negative growth.

The personal consumption expenditures price index for March is also due in the morning. Economists polled by Dow Jones see no gain for March and a reading of 2.2% for headline inflation. The PCE is closely watched by the Federal Reserve and is one of its preferred inflation metrics.

Investors will also be watching for key earnings reports from and , due in the afternoon.

Bad news for cookouts: Live cattle futures hit all-time high Tuesday

June live cattle futures rose to an all-time high of $2.10975 per pound on the Chicago Mercantile Exchange on Tuesday, bringing the year-to-date advance to 12.2%.

Each of the contacts, which began trading in late 1964, represents 40,000 pounds of live cattle.

— Scott Schnipper, Gina Francolla

Starbucks, First Solar among stocks moving after hours

Several companies were making headlines after Tuesday's market close. Here are a few:

• — Shares of the coffee giant slipped 4% after Starbucks for its fiscal second quarter. The company also reported same-store sales figures that reflected a decline for the fifth straight quarter. Starbucks posted adjusted earnings per share of 41 cents on $8.76 billion in revenue, while analysts polled by LSEG expected 49 cents in earnings per share on $8.82 billion in revenue.
• — Shares of the solar technology company dropped 10% after First Solar offered weak guidance for the full year. The company sees earnings for the period ranging between $12.50 and $17.50 per share, while analysts polled by LSEG sought $18.14 per share. First-quarter earnings also missed the mark.
• — Shares of the online travel booking services provider shed 3%. Gross bookings for the first quarter came in at $46.7 billion, only narrowly topping the $46.53 billion StreetAccount consensus estimate. Booking Holdings' top- and bottom-line results for the period firmly beat expectations, however

For the full list, read .

— Pia Singh

Stock futures open little changed

Stock futures were mixed shortly after 6 p.m. ET.

and each slipped about 0.1% and 0.3%. added about 0.1%.

— Pia Singh