The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials ended the day down 1.01%, the S&P 500 closed lower by 1.13% and the Nasdaq lost 0.95%. All 11 sectors ended the day with losses, ranging from down 2.6% (real estate) to 0.5% (consumer staples). The three major indexes were trading higher shortly after Wednesday’s opening bell.The Federal Reserve’s pending interest rate announcement is expected to push rates up by 0.75% to a new range of 3.00% to 3.25%. The yield curve remains inverted, as two-year Treasures now pay a coupon of around 3.95%, compared to 10-year notes paying 3.54%.After markets closed Tuesday, Aurora Cannabis posted quarterly results that were better than expected, but shares traded down about 8.6% Wednesday morning on a price target cut from Piper Sandler.Stitch Fix missed on both the top and bottom lines and issued downside guidance for the current quarter. Shares traded down about 5.4% early Wednesday.Before markets opened on Wednesday<\/p>\n","protected":false},"excerpt":{"rendered":"
The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials ended the day down 1.01%, the S&P 500 closed lower by 1.13% and the Nasdaq lost 0.95%.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,24],"tags":[27,29,279,277,28],"class_list":["post-140797","post","type-post","status-publish","format-standard","hentry","category-news","category-stocks","tag-economy","tag-markets","tag-nasdaq","tag-nyse","tag-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/140797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=140797"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/140797\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=140797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=140797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=140797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}