Investors have had a gloomy outlook about the stock market in the first part of the week, and Wall Street looked poised to suffer a third straight day of declines based on early morning performance. Stock index futures were down across the board, with market participants pointing to economic pressures around the world as the root cause.

Adding to the uncertainty was negative news from a pair of stocks that investors have been keeping an eye on lately. Both Carvana (NYSE: CVNA) and Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) rely on a healthy consumer economy, and both companies saw their share prices fall significantly in premarket trading on Wednesday. Their declines are representative of the lack of confidence a lot of investors have about consumer behavior more broadly.

Shares of Carvana plunged more than 25% in premarket trading on Wednesday. The ailing online used car specialist has recently faced substantial financial challenges, and now, some of the companies involved in having provided capital to Carvana are working together to try to keep things orderly as they work toward a potential debt restructuring.

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Source Fool.com