Why Warren Buffett's 19.8% Annualized Returns Remain Unmatched
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| 📚 Daily Digest | Wednesday, Jul 5, 2023 | | |  | | | | U.S. stock futures drift lower, Fed minutes loom - what's moving markets | | |  | | © Reuters. | | U.S. stock futures edge lower as traders return to their desks following the Fourth of July holiday. Attention will largely be on the release of minutes from the Federal Reserve's last policy meeting, while investors will also be digesting disappointing services sector data out of China. | | | | | | | | | | Today's Top News | | Stock Markets | | Wall Street futures slip as Fed minutes loom | | Wall Street futures fell on Wednesday, with all eyes on minutes from the Federal Reserve's June meeting for clues about the central bank's monetary policy path, while Sino-U.S. tensions and weak economic data from Beijing further dampened the mood. | | | | | | | | | Stock Markets | | Teamsters says UPS has walked away from negotiations | | The union representing roughly 340,000 U.S. drivers, package handlers and loaders at United Parcel Service said on Wednesday the parcel delivery firm had "walked away from the bargaining table". | | | | | Commodities | | Brent drops as economic headwinds outweigh supply cuts | | Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. | | | | | | | | | | | | | | | | |
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