watch
now
Futures
linked
to
the
Dow
Jones
Industrial
Average
hovered
near
the
flatline
Wednesday
evening
after
the
30-stock
index
posted
its
sixth
consecutive
winning
day.
Dow
futures
added
6
points,
or
0.02%.
S&P
500
futures
were
little
changed,
while
Nasdaq
100
futures
fell
0.1%.
In
extended
trading,
Airbnb
pulled
back
more
than
8%
after
weak
guidance
overshadowed
a
first-quarter
beat
on
top
and
bottom
lines.
Retail
trading
platform
Robinhood
climbed
3%
after
the
company
surpassed
first-quarter
estimates
for
earnings
and
revenue.
During
regular
trading
Wednesday,
the
S&P
500
inched
slightly
lower
to
close
near
the
flatline,
while
the
Nasdaq
Composite
slid
about
0.2%.
A
slate
of
falling
tech
stocks
weighed
on
the
indexes,
including
Uber
and
Shopify,
both
of
which
had
recently
reported
quarterly
results.
The
30-stock
Dow
was
the
outperformer
of
the
major
averages,
adding
more
than
170
points.
“We
probably
are
just
retracing
some
of
the
enthusiasm
that
we
came
into
the
start
of
the
year
with,”
said
Josh
Brown,
CEO
of
Ritholtz
Wealth
Management,
on
“Closing
Bell.”
“April
was
the
worst
month
that
we’ve
seen
in
quite
a
while,
and
I
think
that
was
really
a
precursor
to
some
of
the
reactions
we’re
now
getting
after
earnings
reports,”
he
said.
Investors
will
next
turn
their
attention
toward
quarterly
results
from
Warner
Bros.
Discovery
and
Akamai
Technologies
on
Thursday.
On
the
economic
data
front,
weekly
jobless
claims
are
due
Thursday
morning.
