Wall Street is on track for its third consecutive day of losses as investors grow cautious about risky assets, awaiting more clarity on U.S. fiscal and monetary policies and scrutinizing the latest batch of corporate earnings.
Both equities and commodities took a hit on Wednesday, while the U.S. dollar gained strength, attracting investor flows as traders moved to safer cash positions.
The U.S. dollar index, as tracked by the theInvesco DB USD Index Bullish Fund ETF(NYSE:UUP), rose 0.5%, reaching levels last seen in late July.
At midday in New York, the S&P 500 was down...
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