Stock markets diverge
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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.
Stocks traded mixed on Friday even as major indexes tallied another strong week. Investors were eyeing a meeting between President Trump and Russian leader Vladimir Putin, among other things.
US stock markets closed mixed on Wednesday. The Dow Jones ended slightly higher with a gain of 16 points, while Nasdaq witnessed heavy selling pressure, closing down by 145 points for the second consecutive day.
Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.
The stock's fall snapped a two-day winning streak.
The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO