The S&P 500 and Nasdaq Composite broke an eight-day winning streak during Tuesday's session.
A trader works as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City on June 12, 2024.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.
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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