Powell at Jackson Hole, Fed Minutes, Walmart Earnings
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Stock Market Today: NASDAQ Falls Further
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Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
This article will be updated throughout the day, so check back often for more daily updates. President Trump is pressuring a second member of the Federal Reserve Board of Governors to resign, and it may be making investors nervous.
When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday.
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stocks might get their September interest-rate cut, but the Federal Reserve could still disappoint the market, as soon as this month.
Financial stability is at risk. Equity valuations are stretched, margin debt is over $1 trillion, and the S&P 500 trades at dot-com level valuations. Rate cuts could spark a stock market melt-up and trigger a bond market revolt, destabilizing the system.
Nasdaq, Dow, and S&P 500 fell on Thursday, as Walmart (WMT) weighed on markets, while investors continued to await Federal Reserve Chair Jerome Powell's speech at Jackson Hole on Friday. S&P 500 (SP500) -0.
Trump intensifies Fed attack, Target’s next CEO faces numerous challenges, Hertz to sell cars on Amazon, and more news to start your day.
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Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US Fed meeting minutes to gold prices
Gift Nifty was trading around 25,085 level, a premium of nearly 2 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.
The benchmark S&P 500 index declined for a fourth consecutive day on Aug. 20 and the Nasdaq Composite was dragged lower as mega-cap technology stocks continue to sell off. Take advantage of TipRanks Premium at 50% off!