Stocks fell slightly on Wednesday as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continued their negotiations on a new fiscal stimulus package.

The Dow slipped 97.97 points, or 0.4%, to 28,210.82. Earlier in the day, the 30-stock average traded more than 100 points higher. The S&P 500 dipped 0.2% to 3,435.56 and the Nasdaq Composite slid 0.3% to close at 11,484.69.

The fate of coronavirus relief may in part be tied to reports on the health of the U.S. labor market, with the latest update to jobless claims totals due Thursday at 8:30 a.m. ET.

Economists polled by Dow Jones expect the Labor Department to show first-time applicants for state unemployment insurance to have totaled 875,000 during the week ended Oct. 17.

Plan A : Short if market failed to support above 3400. Targets are 3374, 3348 and 3321.

Plan B : Long if market doesn't retrace much and supported firm above 3400. Targets are 3417, 3430 and 3448.

Futures contracts tied to the major U.S. stock indexes fell in the overnight session Wednesday evening and suggested further losses ahead for markets when regular trading resumes.

Though the overnight session began with modest moves, futures came under pressure after U.S. officials said Iran is taking steps to interfere in the U.S. presidential election, and Russia has obtained American voter information.

The announcement from the nation’s top intelligence officials came amid an already-fierce election season and adds to uncertainty as the U.S. tries to navigate the health and economic fallout caused by the coronavirus.

Plan A : Long if market doesn't retrace much and supported firm above 11547. Targets are 11578, 11605 and 11641.

Plan B : Short if market failed to support above 11547. Targets are 11502, 11462 and 11418.

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Plan A : Attempt sell if oil price falls below 40.5. Targets are 39.9 and 38.7

Plan B : Consider long only if oil price test support at 39.9 and rebound. Targets are 40.5 and 41.2

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