Jackson Hole, market and stocks
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Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
The Dow, S&P 500, and Nasdaq are falling. The tech selloff extends a second day and markets shrug off the latest Federal Reserve minutes.
Live Updates Live Coverage Updates appear automatically as they are published. Morgan Stanley Loves HP Enterprise 12:31 pm In analyst action, Morgan Stanley analyst Erik Woodring upgraded shares of HP Enterprise (NYSE: HPE) to overweight with a $28 price target this morning.
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Wall Street edges lower in its final moves ahead of a speech by the Federal Reserve’s head
NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint at where interest rates are going.
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.
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.
Shares of business intelligence platform Domo (NASDAQ:DOMO) fell 4.6% in the pre-market session after a broader market downturn impacted the technology sector, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell.