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.
Publishers file suit against Perplexity AI, accusing startup of ‘brazen scheme' and ‘freeriding on valuable content'
Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a "massive amount of illegal copying" of their copyrighted work.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 300 points on Monday.
Elf Beauty appeared to rally along with KVUE on Monday.
Dow stocks to watch in the stock market right now.