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What to watch today: Wall Street looks lower as tech stocks come under pressure again

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Dow futures fell sharply Wednesday as investors digested a slew of economic numbers.

, the first time below 200,000 during Covid and a number not seen since Nov. 15, 1969, when claims totaled 197,000. A revised third-quarter GDP advance of 2.1% was slightly above the previous reading, but it was slightly below estimates. October durable goods orders fell 0.5%. Economists had expected a 0.3% increase. 's favorite inflation indicator: the core personal consumption expenditures price index. October new home sales and final November consumer sentiment numbers are also due.

as third-quarter results were hurt by Covid-related factory closures that led to significant product delays.

 

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