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.
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