US stocks gave up steam on Wednesday after Tuesday's rebound that snapped a three-day losing streak for the major averages. The benchmark S&P 500 was up 0.2%, while the tech-heavy Nasdaq Composite was up over 0.2%. The Dow Jones Industrial Average was hovering on both sides of the flat line. All three of the major averages had been up more than 1% at some point during the session.
The earnings and economic calendar remains relatively sparse, with the weekly report on mortgage applications Wednesday morning serving as the most notable piece of economic news. On the earnings side, numbers out of Disney reported early Wednesday showed the entertainment giant turned a profit in its streaming unit for the first time last quarter while the company also raised its full-year earnings forecast.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Wall Street tumbles on worries about U.S. economy after weak jobs reportWall Street pointed sharply lower early Friday morning after a worse-than-expected government employment report spooked investors who were already panicked over signs of weakness in the U.S. economy. Futures for the S&P 500 were down 1.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street drifts, and crude oil slides ahead of a frenetic weekNEW YORK (AP) — U.S. stock indexes drifted to a mixed close ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates. The S&P 500 rose 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street drifts in mixed trading at the start of a frenetic weekNEW YORK (AP) — Stocls are mostly rising at the start of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates. The S&P 500 was 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street opens mixed as Big Tech steadies itselfNEW YORK (AP) — U.S. stocks are stanching the bleeding, a day after their worst losses since 2022 led to a wipeout for financial markets circling the world.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street slightly lower as airlines post earnings ahead of latest GDP reportWall Street leaned toward losses before the opening bell Thursday as more earnings poured in while investors waited for the latest data on how the U.S...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »