Stock Market Today – 8/3: Stocks Rise as Investors Await Key Economic Data

Published by
The Street

By M. Corey Goldman U.S. stock-index futures rise, putting equities on track to reverse two consecutive days of losses, as investors look past Pelosi’s Asia visit and ahead to key economic data. Stocks were set for a moderately positive open on Wednesday following two consecutive trading days of losses as investors looked past House Speaker Nanci Pelosi’s contentious visit to Taiwan and awaited key economic data. Futures tied to the Dow Jones Industrial Average were 0.4%, or 104 points higher, while S&P 500 futures were up 0.35% and Nasdaq 100 futures were up 0.21%. The yield on the benchmark …

Read More