Stock Market Today: Dow edges lower
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Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO
Dow, S&P 500, and Nasdaq futures are falling in premarket trading as the stock market braces for the Federal Reserve's minutes and any clues about interest-rate cuts.
A bullish "golden cross" is set to appear in the Dow Jones Transportation Average's chart on Tuesday, given the current upward trajectory of the 50-day moving average, and the slight downward trajectory in the 200-DMA.
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NDTV Profit on MSNUS Stock Market Today: S&P Down 1%, Nasdaq Plunges 1.9% As Megacaps Tumble
Minutes into the trade, the Dow Jones Industrial Average was up 64.69 points, or 0.14%, to 44,986.96. The S&P 500 fell 10.33 points, or 0.16%, to 6,401.13, while the Nasdaq Composite dropped 0.46 points, or 0.46%, to 21,216.02.
Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.
Shares of Dell Technologies Inc. Cl C slid 4.97% to $128.48 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 44,
Policymaker sentiment will take a front seat heading into the annual Jackson Hole central banking summit.