Browsing: financial news

Stock futures for the Dow, S&P 500, and Nasdaq remained steady Tuesday, with investors eyeing ongoing economic data and corporate earnings as record highs remain within reach.

Stock markets edged higher as major indexes sought gains ahead of more Federal Reserve Chairman Powell testimony. FedEx shares plunged sharply after disappointing earnings, adding volatility to the session.

The US current account deficit surged to a record high, reflecting rising trade imbalances and increased foreign borrowing. Economists warn this could impact the dollar’s stability and global financial markets.