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Investor's Business Daily on MSNDow Jones Futures: Palantir Leads Rally Off Lows, But Look At This; Walmart Earnings Due.
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. WalmartWMT earnings are due Thursday morning.The stock market had another mixed session, with the Nasdaq and S&P 500 falling but closing well off session lows.
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
U.S. index futures have moved off their lows from early Wednesday, with the Nasdaq 100 turning a near 0.5% retreat into a loss of just 0.2%. Some of the previous day's hard hit shares were initially under pressure again,
Dow futures slipped slightly on Wednesday as investors adopted a cautious stance ahead of Federal Reserve Chair Jerome Powell’s upcoming remarks at the Jackson Hole Symposium.
Stock futures were drifting higher as investors prepared for another week of slow August trading and for a White House visit by Ukraine President Volodymyr Zelensky.
Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.
Follow all the latest U.S. market action for Wednesday here to see if this week's selling of Ai-related technology names continues, and as Target gives clues on consumer spending.
Crude futures settled higher amid a lull in Russia-Ukraine news, with gains supported by a bigger-than-expected weekly decline in U.S. crude oil stocks.