Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Live to track the performances of tech and energy stocks alongside market movements, volatility amid inflation and the Fed's interest rate hike, and comparisons to past economic environments.
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered sharp losses Tuesday, with the Nasdaq and S&P 500 breaking below a key level. Economic reports revived recession and inflation fears.
Stocks closed broadly lower on Wall Street after a discouraging snapshot of U.S. consumer confidence stoked worries about inflation and recession.