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5 things to know before the stock market opens Wednesday

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U.S. stock futures point to a modestly higher open on Wall Street on a jam-packed Wednesday, including expectations for the Fed's third interest rate cut this year.

did set another intraday record high earlier in the session before closing slightly lower from the prior day's record closing high.Jerome Powell, chairman of the U.S. Federal Reserve, smiles during a press conference following the Federal Open Market Committee meeting in Washington, D.C., U.S. on Wednesday, May 1, 2019.The Fed's rate decision and Powell news conference comes hours after the release of the government'sat 8:30 a.m. ET.

Dennis Muilenburg, President and CEO of the Boeing Company, testifies before the Senate Commerce Committee October 29, 2019 in Washington, DC.

 

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