S&P 500 falls 34.25 points (0.45%)
S&P 500 declined by 34.25 points, or 0.45%.
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S&P 500 declined by 34.25 points, or 0.45%.
Hewlett Packard Enterprise reported fiscal third-quarter revenue of $12.2 billion, above estimates, and raised full-year guidance after adjusted EPS of $1.11 beat consensus.
Snowflake is scheduled to report second-quarter fiscal 2027 earnings after market close today, with analysts looking for EPS of 45 cents on revenue of $1.48 billion.
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.
Walmart shares fall around 10% after the retailer reports second-quarter adjusted EPS of 81 cents and sales of $187.9 billion, while third-quarter guidance comes in below estimates.
The Dow Jones falls about 273 points on Monday while the CNN Fear & Greed Index declines again but stays in the “Greed” zone at 59.9.