Updated from 7:12 a.m. EDT.

NEW YORK (TheStreet) -- Here are 10 things you should know for Wednesday, April 1:

1. -- U.S. stock futures were trending downward Wednesday as investors ready for GoDaddy's first trading day and await a variety of economic data, including petroleum inventories and the ADP jobs report.

European stocks made a strong start to the second quarter on Wednesday after positive data on the manufacturing sector overcame initial weakness. Banks were gaining.

2. -- The economic calendar in the U.S. on Wednesday includes MBA mortgage application data at 7 a.m., the ADP employment report at 8:15 a.m., the Gallup U.S. job creation index at 8:30 a.m., the PMI manufacturing flash index at 9:45 a.m., the ISM manufacturing index at 10 a.m., construction spending numbers at 10 a.m., and the Energy Information Administration weekly petroleum inventory report at 10:30 a.m.

Motor vehicle sales data and bank reserve settlement numbers will also be released. Atlanta Federal Reserve Bank President Dennis Lockhart and San Francisco Federal Reserve Bank President John Williams will speak.

3. -- U.S. stocks on Tuesday closed down on the last day of the first quarter.

The Dow Jones Industrial Average (DIA - Get Report) fell 1.11% to 17,776.12. The S&P 500 (SPY - Get Report) dropped 0.88% to 2,067.89. The Nasdaq (QQQ - Get Report) sank 0.94% to 4,900.89.

4. -- Web site host GoDaddy (GDDY - Get Report) has priced its IPO at $20 per share to raise about $460 million. That's above its initial price range of $17 to $19. The company will be valued at about $3 billion, although it hasn't made a profit since 2009.

GoDaddy, founded in 1997, has about 13 million customers. Sales in 2014 were $1.4 billion, with a net loss of $143 million.

GoDaddy stock begins trading Wednesday on the New York Stock Exchange under the ticker GDDY.

5. -- Online handicrafts marketplace Etsy set a price range for its initial public offering at $14 to $16 a share, for an overall valuation of about $1.8 billion. At the top end of the range, the IPO would raise $267 million for the company. Etsy charges sellers 20 cents as a listing fee and 3.5% of completed sales, plus has some advertising and other revenue.

The Brooklyn, N.Y.-based company submitted a Securities and Exchange Commission regulatory filing Monday with the details.

6. -- Oil inventory data will be reported Wednesday. If the supply of stored oil continues to balloon, storage prices will increase and oil prices will drop even further. Plus, the oil industry has laid off about 100,000 people in the past four months due to the glut. However, lower oil prices may boost consumer spending.

After a record high in U.S. oil production in 2014, oil prices have fallen about 55% since the middle of 2014. Crude oil production averaged 8.7 million barrels a day, 1.2 million barrels a day more than in the prior year.

7. -- A bankruptcy judge approved the plan to keep 1,740 RadioShack stores open instead of liquidating the failed electronics retailer. Standard General, a hedge fund, had proposed to keep the stores open in a $160 million deal with Sprint (S - Get Report). The deal will also save about 7,500 jobs. Sprint will likely operate stores-within-stores, giving the mobile phone company wide access to preexisting retail space.

In premarket trading, Sprint stock was rising 2.11%.

8. -- The ADP jobs report will provide some insight into the U.S. labor market Wednesday, as investors wait for official jobless claims numbers Thursday and the employment report Friday. Many analysts expect the unemployment rate to be about 5.5%.

Bloomberg estimates that ADP will find that 230,000 private-sector jobs were added in March. For February, ADP said that 212,000 new private jobs were added.

9. -- Mall owner Simon Property (SPG - Get Reportwas rebuffed by its acquisition target, Macerich (MAC - Get Report), and withdrew its $23.2 billion offer to buy it. Macerich had resisted Simon Property's overtures and adopted a poison pill to prevent a hostile takeover. And Macerich's board of directors rejected Simon's unsolicited, sweetened bid, saying that Simon's bid undervalued the company.

In premarket trading, Macerich stock was down 0.98% and Simon Property stock was steady.

10. -- Seed and fertilizer company Monsanto (MONreports earnings before the opening bell Wednesday. Monsanto was slapped with a report last week from the World Health Organization that its Roundup weed-killer is "probably carcinogenic." Corn and soybean prices are also down about 5% in 2015, which will hurt the company.

Analysts expect Monsanto to report earnings per share of $2.96. In premarket trading, Monsanto was down 0.08%.