Reported 27 days ago
U.S. stocks closed lower on Wednesday, with the Dow Jones falling 0.2%, the S&P 500 down over 0.3%, and the Nasdaq dropping nearly 0.6% ahead of earnings reports from Meta and Microsoft. While Alphabet's strong earnings boosted optimism for big tech, they did not lift the market indexes. Key economic indicators, including a slower-than-expected GDP growth of 2.8% and private payroll gains that surpassed predictions, added complexity as the Federal Reserve prepares for its upcoming interest rate decision.
Source: YAHOO