Stock Market Today: Dow ends lower to snap winning streak

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stock Market Today: Dow ends lower to snap winning streak

Investing.com -- The Dow closed lower Wednesday, snapping a seven-day wining streak as investors paused their bullish bets on stocks amid ongoing quarterly corporate earnings and remarks from Federal Reserve officials.

The benchmark S&P and tech-heavy Nasdaq notched their seventh and eighth straight day of gains on Tuesday, respectively, in the longest winning streak for both indices since 2021. The 30-stock Dow also posted its seventh consecutive positive day.Fed chairman Jerome Powell didn't offer clues on future monetary policy in opening remarks at the Fed's statistics conference on Wednesday, but he is slated to speak as part of panel on Thursday.fell 5.5 basis points to 4.516% after the U.S.

The company said it expects weaker trading activity in November and December, given the timing of holidays, Goldman Sachs said, as it decrease its price target on Robinhood to $10 from $11 previously.), meanwhile, slipped 2% after the e-commerce platform's third-quarter results beat Wall Street estimates, but forecast softer-than-expected sales for the key holiday quarter.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow Futures Waver, UBS Posts a LossStock futures ticked lower early Tuesday. Investors got updates from UBS and Saudi Aramco.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: Dow Futures Waver, UBS Posts a LossStock futures ticked lower early Tuesday. Investors got updates from UBS and Saudi Aramco.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: Dow higher as tech reigns supreme to help extend win streakStock Market Today: Dow higher as tech reigns supreme to help extend win streak
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow and Nasdaq Open Higher; Upstart, Disney Stocks in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: S&P 500 on Winning Streak; Disney Stock in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: S&P 500 on Winning Streak; Disney Stock in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »