U.S. stock futures stronger after a down day for the Dow and S&P 500
Stock-index futures pointed to the upside Wednesday, with U.S. equities on track to resume a march to the upside a day after the Dow Jones Industrial Average and the S&P 500 snapped a seven-day winning streak.
The Dow Jones Industrial Average DJIA, -0.37% on Tuesday finished with a loss of 104.53 points or 0.4%, at 27,686.91. The blue-chip gauge was up more than 300 points at its session high. The S&P 500 SPX, -0.79% ended 26.78 points lower, a loss of 0.8%, at 3,333.69. The tech-heavy Nasdaq Composite COMP, -1.69% dropped 185.53 points, or 1.7%, closing at 10,782.82.
Senate Majority Leader Mitch McConnell, R-Ky., on Tuesday repeated that talks toward a new coronavirus aid package remained at a stalemate. Analysts said concerns remain about legal challenges to and the effectiveness of executive orders signed by President Donald Trump over the weekend aimed at extending some of the elements of spending measures that lapsed at the end of July.
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