00:00this is the stock market today for wednesday quick look here at the pre-market we are about
00:11flat across the board s p 500 uh futures here up by 0.06 percent the dow is up by 0.02 percent
00:19the nasdaq is up by 0.06 percent and the iwm the etf that tracks the small cap market
00:26is unchanged here this morning so we are about flat across the board now uh last session here
00:35overall the market saw a positive performance on tuesday with the majority of the sectors
00:39ending the day in the green signaling broad-based investor confidence the industrial sectors was
00:46the standout performer surging by over a percent 1.03 percent this was followed closely by the
00:51financial sector which posted a solid gain of about three quarters of a percent other sectors
00:57contributing to the positive market sentiment included health care it consumer discretionary
01:02materials and utilities however not all sectors participated in the day's gain the consumer
01:09staples sector was the biggest laggard declining by just under a half a percent other sectors that
01:15ended in negative territory were real estate communication services and energy now on the
01:21economic front while the durable goods order for in july fell by 9.3 percent the decline was
01:27smaller than the 10.4 percent drop that had been forecasted this follows a significant 16 and a half
01:34percent increase in orders back in june consumer confidence in august dipped ever so slightly as more
01:41consumers expect annual inflation to rebound um and then also um investors are going to
01:49await nvidia they are going to report their earnings today should be the biggest event of the week it's
01:55scheduled to be released after the closing bell about 4 20 eastern here today the four billion dollar
02:00tech giants earnings will serve as a barometer for market strength and a verdict of ai spending
02:06meanwhile the federal reserve governor lisa cook will be filing a lawsuit to present or to uh prevent her
02:12firing by president trump according to her lawyer also worth noting that the 10-year treasury bond yielded
02:18four point two six percent and the two-year bond was at three point six five percent for a deeper dive on
02:25any of these stories or more market insights head on over to benzinga.com
02:29you
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