Wall Street's main markets were set to edge lower on Thursday as the previo...
) on Wednesday were complemented by better than expected purchasing manager surveys in Europe on Thursday. U.S. surveys are due later, along with weekly jobless claims.
“Without sounding like a broken record, the danger is most definitely that Chairman Powell disappoints ,” said Jeffrey Halley, senior market analyst at online trading platform OANDA. Among stocks, shares of Nordstrom Inc jumped 9.3% in premarket, as its results after the bell on Wednesday joined Target and Lowe’s in beating Wall Street profit estimates.
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