U.S. stock futures declined on Wednesday, as the Dow Jones, Nasdaq 100, and S&P 500 indices fell, following Tuesday’s lower close.President Donald Trump, while speaking in Ankara ahead of a NATO summit in the Turkish capital, said that the memorandum of understanding signed with Iran to end the conflict was “over,” according to Reuters.Investors are also awaiting the minutes of the Federal Open Market Committee meeting with Kevin Warsh as the new Chairman, which will be released later today.Meanwhile, the 10-year Treasury bond yielded 4.56%, and the two-year bond was at 4.20%. The CME Group’s FedWatch tool’s projections show markets pricing a 72.7% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.IndexPerformance (+/-)Dow Jones-1.17%S&P 500-0.96%Nasdaq 100-1.35%Russell 2000-1.47%Stocks In FocusFuelCell Energy
FuelCell Energy Inc. (NASDAQ:FCEL) tumbled 15.91% in premarket on Wednesday after it announced the launch of a $200 million offering following Tuesday’s closing bell.
Benzinga’s Edge Stock Rankings indicate that FCEL maintains a strong price trend in the medium, short, and long terms.
Saratoga Investment
Saratoga Investment Corp. (NYSE:SAR) declined by 4.59% after reporting downbeat earnings for its first quarter, after the closing bell on Tuesday.
