Wednesday morning, stock futures were just below the flat line.
Dow Jones Industrial Average futures were down 20 points, or 0.0611%. Meanwhile, S&P 500 futures were down 0.06%. Moreover, Nasdaq 100 futures were down 0.07%.
The Dow decrease more than 350 points, or 1.0312%, in regular trading. The S&P 500 and the Nasdaq Composite fell 1.4% and 2%, respectively.
Investors had lost trust in the Federal Reserve’s capacity to manage a peaceful landing. Instead, the focus was on the status of the economy and if a recession was on the horizon.
Investors Focus
Investors are looking for more economic data this week to understand what the Fed will do. A company with an annual dividend yield of 2% to 6% is generally a good bet for high-dividend stocks. You don’t necessarily want the money to be large. Suppose a dividend yield is too high, say more than 10%. In that case, it may indicate that investors are selling the stock, increasing payouts but ultimately lowering the share price. Dividends can be used in various investment strategies, from aggressive wealth accumulation to long-term retirement planning.
AT&T has been a telecommunications giant since its inception in 1885. It has constantly reinvented itself over the years and recently sold off some of its media operations assets, making it a leaner company than in the past. With subscribers increasing and new subscribers joining, it should be an appealing investment for many. For example, wireless revenue increased by 5.6% in the third quarter of 2022, the highest rate over a decade.
A household name in home improvement, it was incorporated in 1952 and first listed on the stock market in 1961. It is the kind of business that appeals to all age groups. You probably have many home projects if you’re buying your first house; if you’ve had a house for a while, you probably have many home improvement projects. In general, analysts have been very enthusiastic about Lowe’s.
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