Stock Market Today: Nasdaq Futures Rise, Dow Slips Amid Mixed Trade—Alphabet, Dollar Tree, Apple In Focus

U.S. stock futures were fluctuating on Wednesday following Tuesday’s declines. Futures of major benchmark indices were trading mixed.

Transcript

00:00all right uh futures here rebounding off of yesterday's weakness uh s&p futures here up

00:13about 0.43 so just over four tenths here dow futures down 0.05 basically unchanged and the

00:21nasdaq up seven tenths on the back of the google and apple news that we are going to discuss now

00:28yesterday most sectors for the s&p 500 closed on a negative note with industrials real estate and

00:34information technology stocks recording the biggest losses on tuesday however energy and

00:40health care stocks bucked the overall market trend closing the session higher u.s stocks settled

00:45lower overall all major indices recorded gains for august the 30 stock dow gained more than three

00:52percent in august while the s&p 500 recorded a two percent surge the tech heavy nasdaq also gained

00:58around 1.6 percent during month on the economic front the s&p global manufacturing pmi came in at

01:0553 for august compared to the preliminary reading of 53.3 and versus 49.8 in july u.s construction

01:15spending declined by one tenth month over month to an annual rate of 2000 or to 2 139.1 billion

01:25in july the ism manufacturing pmi rose to 48.7 in august compared to the 48.0 in the previous month

01:34but this came in short of market estimates of 49. neo shares ticker nio gained around three percent on

01:43tuesday after the company reported fiscal second quarter results signet jewelers parent company of

01:49k jewelers ticker sig reported better than expected earnings for the second quarter on tuesday

01:55president trump signed an executive order targeting a fourfold increase in domestic nuclear power

02:04production over 25 years the initiative has provided bipartisan support for nuclear energy after decades

02:11of stagnation meanwhile scott besant highlighted the potential economic upsides of the tariffs predicting that

02:19revenue surge from duties could significantly lift the u.s economy quote every 300 billion dollars adds one percent

02:27to gdp he said with tariffs alone growth could hit five percent also according to the recommendations

02:34shared by the president's working group on digital asset markets the securities and exchange commission and the

02:41commodity futures trading commission announced a joint initiative on tuesday to streamline the trading process

02:47of cryptocurrency assets the 10-year treasury bond yielded 4.29 percent and the two-year bond was at 3.66 percent