US EditionWall Street Holds Near Its Record Heights
Investors await Federal Reserve Chair Jerome Powell's speech for signals on possible September rate cuts while major U.S. retailers report earnings, amid geopolitical tensions and subdued market moves.
- U.S. stock markets remained close to their recent all-time highs on Monday, supported by mixed earnings reports from major retailers and stable Treasury yields.
- Investor expectations for a Federal Reserve interest rate cut in September stem from a weak employment report and mixed inflation data.
- The stock market’s narrow leadership by a few large companies, boosted by spending on artificial intelligence, parallels growing economic disparities.
- Home Depot slipped about 1.2%, Target rose nearly 1.9%, and Walmart added 0.7%, with each reporting earnings later this week.
- Upcoming Federal Reserve speeches and earnings reports will influence the market, highlighting risks if economic stagnation and inflation persist.
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58 Articles
58 Articles
Wall Street holds at a standstill near record heights
Wall Street held near its records. The S&P 500 ended flat Monday, coming off its first loss after setting an all-time high in three consecutive days. The Dow Jones Industrial Average edged down 0.1%, while the Nasdaq composite inched up…
·Florida, United States
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Sydney Morning Herald+4 Reposted by 4 other sources
ASX extends losses; BHP rebounds, CSL tumbles
The Australian sharemarket remains in the red at lunchtime as investors digested a flurry of results on Tuesday morning, including from index heavyweights BHP, Woodside and CSL.
·Sydney, Australia
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Bradford Today+9 Reposted by 9 other sources
Wall Street holds near its records ahead of earnings from retailers and Fed news
NEW YORK (AP) — Wall Street is holding near its records ahead of a week likely to be dominated by updates from the head of the Federal Reserve and big U.S. retailers. The S&P 500 slipped 0.1% early Monday.
·Bradford West Gwillimbury, Canada
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Total News Sources58
Leaning Left18Leaning Right3Center22Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 42%
C 51%
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