Stock futures drift lower before Fed minutes

U.S. stock futures traded flat to slightly lower Wednesday morning, as investors looked to shake off the latest wave of selling sparked amid growing concerns about the impact of inflation on company profits and the broader economy. Traders also awaited the Federal Reserve’s meeting minutes later in the day, which may help further clarify the path of monetary policy in the near-term.

Contracts on the S&P 500 edged lower, steadying after Tuesday’s renewed rout. Dow and Nasdaq futures were each…

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