The S&P 500 and Nasdaq Composite broke an eight-day winning streak during Tuesday’s session.
Stock futures hovered near the flatline Tuesday evening as traders looked ahead to minutes from the Federal Reserve's latest policy meeting, seeking further insight into the prospect of an interest rate cut.snapping their longest winning streaks since late 2023. The broad-market S&P 500 dipped 0.2%, while the tech-heavy Nasdaq slid 0.33%. The
Tuesday's moves follow a rocky period for stocks after a weak U.S. jobs report and an interest rate hike from the Bank of Japan sparked a global sell-off on Aug. 5. That day, theAlong with minutes from the Fed's July meeting, Wall Street anxiously awaits commentary from central bank leader Jerome Powell.
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