The U.S. Commerce Department's will post the trade deficit for February at 7:30 a.m., including export data USDA will make available later Wednesday morning. The U.S. Energy Department's weekly inventory report will be out at 9:30 a.m. Traders will keep an eye on the latest weather forecasts with warmer temperatures expected in the northern U.S. Plains later this week.
Weather
A very strong storm system continues to drop snow in the Northern Plains, though that will be diminishing throughout the day. Strong winds in the region will continue blowing snow and blizzard conditions, even after the snow ends. Areas of scattered thunderstorms are found along a cold front stretching from Wisconsin to Texas early this morning, which will continue eastward throughout Wednesday day and Wednesday night. Storms will be capable of all hazards today, with the Great Lakes areas most at risk.