The resilient market faces another test on Thursday, as traders get to digest another set of economic data and a few Fed speeches. The index futures pointed to a cautious start on Thursday.
Cues From Wednesday’s Trading:
Stock futures indicate major Wall Street indices are expected to open lower on Wednesday, in continuation to Tuesday's fall, after inflation came in higher than expected.
Twilio Inc (NYSE: TWLO) will lay off 17% of its workforce (about 1,500 positions) as part of a major restructuring plan, the company announced in a Monday blog post.
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