U.S. stocks closed lower a day after leaping back within a few good days' worth of gains from their all-time high. The S&P 500 fell 0.6% Wednesday after meandering between earlier gains and losses. The Dow Jones Industrial Average lost 0.6%, and the Nasdaq composite fell 0.5%.
U.S. stocks closed lower a day after leaping back within a few good days' worth of gains from their all-time high. The S&P 500 fell 0.6% Wednesday after meandering between earlier gains and losses. The Dow Jones Industrial Average lost 0.6%, and the Nasdaq composite fell 0.5%.
Investors also waited for tech giant Nvidia to report its results for the first quarter.
Behind the scenes, officials at the Federal Reserve were just as uncertain about the economy's trajectory as they were in public, meeting minutes confirm.
Here are some ETF themes favored by investors this year.
WBA is the worst stock to own in June, historically, on the S&P 500
Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump's tariffs on inflation, unemployment, and the broader economy. According to minutes from their May 6-7 meeting, released Wednesday, “almost all” of the 19 officials that participate in the Fed's meetings on policy saw a risk that "inflation could prove to be more persistent than expected.” The policymakers showed greater concerns about higher inflation than rising unemployment, the minutes showed, a key reason they left rates unchanged.
Cryptocurrencies suffered similar volatility, but a recent surge in the price of bitcoin has left the signature digital asset up 15% so far this year. The trend poses a question for retirement portfolios: Should you add crypto? The choice, analysts said, comes down to an account holder's tolerance for risk.
Investors need to pay close attention to CDW stock based on the movements in the options market lately.
For long-time investors, Amazon stock has been nothing short of a home run. Amazon has returned an average of 26.17% annually over the past 15 years, according to statistics from Morningstar -- an...