Dow Wobbles Ahead of Fed Minutes and Jobs Data—and What Else Is Happening in the Stock Market Today

Stocks wobbled on Wednesday ahead of jobs data and minutes from the latest meeting of the Federal Reserve, which should provide investors fearful of recession their latest chance to predict the Fed’s monetary policy pathway.

Futures for the Dow Jones Industrial Average retreated 10 points, or less than 0.1%, after the index slipped 129 points on Tuesday to close at 30,967. S&P 500 futures signaled a start less than 0.1% lower with the tech stock-heavy Nasdaq poised to open just above flat; the S&P 500 and Nasdaq rallied 0.2% and 1.8%, respectively, in topsy-turvy Tuesday trading.

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