Dow futures traded near the flat line, after the index jumped more than 1% to reach a record closing high
The Federal Reserve says that the unemployment rate for the lowest wage quartile of workers is about 23%.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been struggling recently, but on Wednesday, the index at least managed to climb out of negative territory to gain ground. As of 3 p.m. EST, the Nasdaq was still lagging behind other benchmarks, but it was up two-thirds of a percent. Many tech stocks remained under pressure, which continued to weigh on the Nasdaq and hold it back from matching or surpassing its rival indexes.