WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
The Dow Jones Industrial Average slid on Wednesday as Wall Street resumed a holiday-shortened week and digested the latest Federal Reserve meeting minutes for insights into the state of monetary policy.
Data released Wednesday morning showed factory orders were weaker than expected in May. Later in the week, investors will watch for a batch of employment and wage data for insights into the strength of the labor market.
Markets closed early on Monday and were completely dark on Tuesday for the Fourth of July holiday. Last week, the Nasdaq closed out its best first half of the year since 1983, while the S&P 500 notched its best first-half advance since 2019, as a surge in interest in artificial intelligence buoyed investor optimism in stocks. The Dow was the laggard, rising just 3.8%.
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