Stock Market Today: Dow edges lower
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After the wild market gyrations following ‘Liberation Day’ and early spring, foreign exchange volatility has collapsed in August. Summer markets are partly to blame, Bank of America’s global rates and currencies research team finds,
U.S. stock futures declined on Wednesday following Tuesday's mixed traded. Futures of major benchmark indices were lower.
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.
Shares of GE Vernova Inc. slid 3.50% to $603.13 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 44,922.27 and the S&P 500 Index falling 0.
Stock futures are down on Aug. 20 as investors await Fed meeting minutes and key earnings from Target and Lowe's. See the latest market moves
Dow Jones futures decline during European trading on Wednesday, ahead of the opening of North American markets, trading below 44,900, down by 0.23%. Moreover, S&P 500 futures fall 0.23% to trade near 6,400, while Nasdaq 100 futures depreciate by 0.31%, trading near 23,400.
Here are some of the stocks making notable moves in premarket action: La-Z-Boy stock is plunging nearly 25% after the chair-maker said fiscal first-quarter profit was dented by lower foot traffic in its stores and weaker sales at its Joybird brand.
The Nasdaq Composite extended its slide on Tuesday–and even the Dow Jones Industrial Average was struggling after hitting an intraday record this morning. The tech-heavy index was down 1.5%, while the Dow was down 90 points,
US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following the latest inflation data.