A person wearing a protective mask stands in front of an electronic stock board showing Japan’s Nikkei 225 index as a vehicle passing by at a securities firm Wednesday, Oct. 19, 2022, in Tokyo. Asian stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports. (AP Photo/Eugene Hoshiko)
AP
Wall Street stumbled before the opening bell Wednesday following two days of big gains as impressive quarterly performances from major U.S. companies infused the markets with a dose of optimism.
Futures for Wall Street’s S&P 500 index slipped 0.4% after the market benchmark gained 1.1% on Tuesday on strong results from investment bank Goldman Sachs, military contractor Lockheed Martin and others. Futures for the Dow industrials lost 0.3%.
The Dow is up more than 6% this week, but down 16% this year. The S&P has jumped almost 4% this week, but is down 22%…
