U.S. stocks try to stay afloat on Wednesday with Nasdaq, which sets a positive tone in hopes for positive territory in the last day of the month ahead of Feds decision, from which market participants widely expect the first interestrate cut in more than ten years.
The Dow Jones Industrial Average was near the flat level, being down only by 0.01 percent, at 27,193, the SP 500 index slipped by 0.07 percent, to 3,011, whereas the Nasdaq Composite Index gained already 0.12 percent, having touched the border if 8,283 at 15.01 GMT.
One should remind, that this finishing month, the Dow added 2.3 percent, the SP 500 a bit more, namely 2.4 percent and Nasdaq recovered 2.2 percent, so the July was not the worst one for all the indexes, despite all odds, including ongoing trade wars, weak corporate reports and global external factors.
Among the individual stock the following companies must not go unnoticed on Wednesday, namely their share value Apple 4.53, Humana 4.31, Pfizer 1.78, Merck Co 0.84. Here are also several companies, that showed a significant shares slump Under Armour 16.69, Capital One Financial 5.89, General Electric 4.18, Wynn Resorts 3.54, Mylan 3.50, Delphi Automotive 3.01, Newmont Mining 2.12, etc.