Fresh off 3M (MMM) and Boeing (BA) earnings today, the struggling Dow Jones Industrial Average (DJI) barely gets a breather before another blue chip steps into the confessional.
McDonald's stock is slumping Wednesday after the CDC said an E. coli outbreak is linked to the restaurant's Quarter Pounders.
U.S. stocks traded lower this morning, with the Dow Jones index dipping more than 250 points on Wednesday.
The US indices have all seen a little pressure in the early hours of Wednesday, as we are paying close attention to the interest rates in the bond market rising, causing a bit of concern.
Wall Street looked set to remain under pressure on Wednesday morning as the likes of rising treasury yields continued to hit stocks. Futures had the Dow Jones down 0.5% ahead of the opening bell, with the S&P 500 and Nasdaq also seen 0.2% and 0.3% lower.
Dow futures slip as McDonald's, Starbucks, and Qualcomm report negative news, signaling a lower market open for U.S. stocks.
While DOW is expected to have benefited from its cost and productivity actions, soft demand in certain markets is likely to have hurt its Q3 performance.
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 150 points on Tuesday.
Rising Treasury yields and Fed uncertainty weigh on stock futures, overshadowing strong earnings from GM, 3M, and SAP. Read more on how it impacts US indices today.
Microsoft, Nike, and Disney offer investors a blend of value, growth, and income.
Wall Street was braced for a negative start on Tuesday as the S&P 500 and Dow Jones looked on course to fall further from record closes seen late last week. Futures had the S&P 500 down 0.5% and the Dow Jones off 0.4% ahead of the opening bell, after both fell throughout the day on Monday after closing at all-time highs last Friday.
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