U.S. stocks edged higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell.
The S&P 500 (^GSPC) slipped by 0.3% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) ticked up by 0.2%.
Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID policy…
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