U.S. stocks edge higher as Dow looks to snap longest losing streak in a month

U.S. stocks traded slightly higher on Wednesday following three days of losses as the Dow Jones Industrial Average looked to snap its longest losing streak in a month.

Since hitting a near four-month high on Aug. 16, the S&P 500 index has swiftly retreated 4% as investors reconsidered whether the Fed would soon pivot toward a slower pace of interest-rate hikes. “Powell is the only one who we haven’t heard from since the July meeting. Powell is the most dovish on the board it seems and we all want to figure out what it is he’s looking at and how he’s thinking about things here,” Nolte said.

Business Business Latest News, Business Business Headlines

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

Stocks are little changed following three-day slide for Dow, S&P 500Both the Dow and the S&P 500 declined for a third straight session Tuesday on thin trading volumes.
Source: CNBC - 🏆 12. / 72 Read more »

Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak – Market Updates Bitcoin NewsCosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Near protocol was almost 10% higher. Whyy ain't none bothered on talkiing about this? So everybody's making free money on the uniswap bug and you won't mention it Put your hands up and give you a good time for this wonderful video, you are very smart?
Source: BTCTN - 🏆 531. / 51 Read more »