On August 5, generally clear skies, with local areas experiencing sudden rain, and the weather being hot during the day. Last week, the Dow Jones fell significantly, mainly due to poor US economic data, market concerns about the Federal Reserve delaying interest rate cuts, and the economy may have to face a tough landing. In addition, tech heavyweight stocks reported lackluster earnings and lowered expectations, triggering strong profit-taking. …
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On August 5, generally clear skies, with local areas experiencing sudden rain, and the weather being hot during the day. Last week, the Dow Jones fell significantly, mainly due to poor US economic data, market concerns about the Federal Reserve delaying interest rate cuts, and the economy may have to face a tough landing. In addition, tech heavyweight stocks reported lackluster earnings and lowered expectations, triggering strong profit-taking. …