Market will do better over the summer: Expert
Mark Tepper, Victoria Fernandez and Mitch Roschelle provide insight on the stock market on ‘Making Money.’
U.S. equity futures traded mixed on Wednesday morning following a day in which stocks struggled on weak U.S. housing sales and a profit warning by a prominent social media brand.
The major futures indexes suggest a slight decline on the Dow when the opening bell rings on Wall Street.
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Oil prices rose more than $1 per barrel to stay above $110.
The Department of Energy will release its inventory report for last week. Crude stockpiles are expected to fall by more than 700,000 barrels.
On the economic docket, the Census Bureau will report Durable Goods orders for April.
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Wednesday afternoon, the Federal Reserve is due to give insight into its decision-making by releasing minutes of its latest policy meeting.