The Dow trimmed its decline and was near breakeven levels below 45,000. The Nasdaq composite tumbled 1%, but was off session lows. The tech-dominated index fell below its 21-day moving average. The S&P 500 declined 0.7%. Please watch the video at Investors.com - How To Make Alternative Buy Points Your Secret Weapon For Nailing Big Gains

Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.

The Dow Jones Industrial Average is outpacing the other indexes on Tuesday, potentially on its way to a new record. The Dow was trading at 45,176.19, up about 0.6% on Tuesday. Part of this bump was due to the jump in shares from Home Depot.

The Dow Jones Industrial Average ended the day 0.1% lower, or around 62 points. The 30-stock index closed below its 21-day exponential moving average. Please watch the video at In