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Stock market news today: Stocks tread water after week long rally

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Investors digested corporate earnings as stocks looked to extend their longest stretch of daily gains in about two years.

Stock edged higher on Wednesday after Wall Street's red-hot run of gains, as investors digested a fresh batch of corporate earnings amid a quiet week on the economic calendar.from several hawkish members of the Fed have put a check on optimism that interest rates have peaked, sapping momentum from the rally in stocks.

, after sinking to their lowest levels in three months the previous day as concerns grew about demand from China and the US. West Texas Intermediate crude futures -- Stocks, bonds and the dollar saw small moves Wednesday, with traders focused on a parade of Federal Reserve speakers to see whether the central bank will continue to dampen the market’s dovish narrative.

STOCKHOLM — Sweden’s largest egg producer, which had nearly 1.2 million chickens or 20% of all laying hens in the country before a salmonella outbreak, has been ordered to euthanize all of them so the facility can be fully cleaned. The Swedish Board of Agriculture has given up on attempts to clean the hen houses at CA Cedergren, which has had recurring salmonella outbreaks in the past year, Sweden’s main farming news outlet, ATL, said Wednesday.

 

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