Walmart, Dow Jones Industrial Average and Futures
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Stock Market Today: Dow edges lower
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Away from tech, markets have been exceedingly serene of late, with the Dow industrials moving less than 0.1% in either direction for five straight sessions. According to Dow Jones Market Data, that's the longest such stretch since June 1994.
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The Dow Jones Industrial Average was back in the green again following choppy trading on Wednesday, with shares of Travelers Cos. Inc. and Walmart Inc. contributing the most to the index's rise. The Dow was up 83 points,
Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
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.
The Dow Jones Industrial Average reached a new intraday high of 45,207.39 on Tuesday, surpassing its previous intraday high of 45,203.52 achieved last Friday. The Dow has been drifting in and out of record territory for the past few trading days,
The blue-chip Dow briefly hit a record high on Tuesday, aided by a rise in Home Depot's shares after the retailer kept its annual forecasts intact, while caution dominated the overall mood ahead of a Federal Reserve conference later in the week.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market looks ahead to the Federal Reserve's Jackson Hole Symposium.
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Dow futures plunged 150 points on Thursday as investors remained cautious about earnings and the Fed’s Jackson Hole meeting. The Dow was off about 0.1% to 0.3%, with investors watching Walmart’s results and waiting for Jerome Powell’s remarks on policy.