The Hottest Stories on Wall Street Wednesday
Markets reversed their roles from the previous session Wednesday with the Dow Jones Industrial Average representing the lone average in the green with the Nasdaq and S&P 500 giving up their earlier gains.
The Dow Jones Industrial Average was up 0.2%, or 54 points, to 26,265 while the Nasdaq fell 0.54%, or 40 points, to 7,420 and the S&P 500 declined 0.04%, or 1 point, to 2,837.
Here are the stories moving markets today.
Sears Is Circling the Drain
Here are the top-4 reasons struggling retailer Sears (SHLD) could file for chapter 11 this year.
GE Reverses Course
General Electric (GE) - Get Report was on pace to be the comeback story of the week after a solid day of trading on Tuesday, but the stock has reversed course since its earnings call Wednesday morning.
Steve Mnuchin Is Playing With Matches
Treasury Secretary Steve Mnuchin advocated for a weaker dollar in Davos Wednesday, which could result in a strong rally for gold prices.
More of What's Trending on TheStreet:
- Waste Management CEO: Why Waste Is a Great Business to Be In
- Nike's New Sneaker Gives It a Key Edge Versus Rivals
- 15 Used Cars That Sell Like New
- New Year's Resolutions That Will Actually Save You Money
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