Here are the most important news items that investors need to start their trading day:
1. Another day down
The S&P 500 and Nasdaq Composite moved lower for the second trading session in a row, extending their rough start to the trading month. The broad market index lost 0.16% to close out Wednesday’s session at 5,520.07. The tech-heavy Nasdaq slid even lower, falling 0.3% to finish at 17,084.30. On the flip side, the Dow Jones Industrial Average gained 0.09% to end the session at 40,974.97. Follow live market updates.
2. The cooling continues
3. Scoring returns
The National Football League is generating huge returns for its owners. The average team is worth around $6.5 billion today, with the higher valuations primarily due to the league’s media deals. And the teams’ owners have seen better returns on their initial investmentsthan those from traditional stocks. Seven of the 10 past NFL teams to be sold have outperformed …