Powell at Jackson Hole, Fed Minutes, Walmart Earnings
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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.
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.
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.
Target stock sinks; Fed minutes suggest divisions over inflation
Traders of short-term interest-rate futures have had a muted response so far to President Donald Trump's efforts to remove Federal Reserve Gov. Lisa Cook. And there are a few conclusions that can be drawn from this. One is that "the market appears to be ...
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.
Stocks might get their September interest-rate cut, but the Federal Reserve could still disappoint the market, as soon as this month.
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.
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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Investor's Business Daily on MSNStock Market Today: Dow Jones Index Wavers Ahead Of Fed Minutes; Palantir Sells Off (Live Coverage)
Among the Nasdaq 100 stocks, Analog Devices ADI and Palo Alto Networks PANW rallied 3.7% and 1.6%, respectively, making them some of the best performers at the market open. On the downside, Intel INTC and Micron Technology MU tumbled 4.1% and 3.6%, respectively.