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On Wednesday, May 8th, U.S. stock markets closed mixed. The Dow Jones Industrial Average closed higher, marking its sixth consecutive session of gains. The S&P 500 ended unchanged after four sessions of gains, while the Nasdaq Composite slipped for a second consecutive day.
In terms of economic data, U.S. wholesale inventories declined by 0.4% in March compared to a revised 0.2% rise in the prior month.
Materials, real estate, and consumer discretionary stocks led most sectors on the S&P 500 to close negatively, while utilities and financials stocks defied the trend, finishing the session higher.
The Dow Jones Industrial Average was up 0.44% and closed at 39,056.39. The S&P 500 was flat, ending the day at 5,187.67, while the Nasdaq Composite declined 0.18%, finishing the session at 16,302.76.
Asian Markets Today
Eurozone at 06:00 AM ET
Commodities at 06:00 AM ET
US Futures at 06:00 AM ET
Dow futures were down 0.22%, S&P 500 futures were down 0.25%, and Nasdaq 100 Futures declined 0.32%.
Forex at 06:00 AM ET
The U.S. Dollar Index gained 0.13% to 105.68, USD/JPY was up 0.29% at 155.94, and USD/AUD rose 0.03% to 1.5206.
Photo by Pavel Bobrovskiy via Shutterstock
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