The Dow led US stocks lower before the bell on Thursday, with Walmart (WMT) earnings in focus before the start of the Federal Reserve’s closely watched gathering at Jackson Hole. Dow Jones Industrial Average futures (YM=F) pulled back roughly 0.4%, while those on the S&P 500 (ES=F) moved down 0.3%. Contracts on the Nasdaq 100…
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets U.S. tech stocks seem to have found a level following two days of sharp pullbacks, but the Treasury market was unnerved by the latest Federal Reserve drama just as everyone awaits the central bank’s…
Bitcoin (BTC-USD) held firm above $113,600 (£84,424) as traders looked ahead to Federal Reserve chair Jerome Powell’s address at the Jackson Hole Economic Symposium on Friday, an event that could set the tone for markets heading into the autumn. The world’s largest cryptocurrency by market capitalisation rose around 1% on Thursday, rebounding from a two-day…
Hong Kong stocks wavered on Thursday in the absence of catalysts ahead of the Federal Reserve’s annual Jackson Hole symposium. The Hang Seng Index fell 0.2 per cent at 11.30am local time after rising as much as 0.2 per cent. The Hang Seng Tech Index declined 0.6 per cent. On the mainland, the CSI 300…
US stock futures mostly fell as investors digested another difficult day for tech stocks and persistent uncertainty on Federal Reserve policy. Futures attached to the Dow Jones Industrial Average (YM=F) fell 0.7%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.1%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) hovered just below the flatline….
This article first appeared on GuruFocus. Aug 19 – Enterprise software stocks traded weaker on Tuesday as investors awaited clarity from Federal Reserve Chair Jerome Powell’s upcoming remarks at the Jackson Hole economic symposium. Market participants remain cautious about whether the central bank will signal rate cuts or keep policy tight. Palantir Technologies (NASDAQ:PLTR) slid…
President Trump called on Federal Reserve Governor Lisa Cook to resign on Wednesday after one of his administration’s officials alleged she had engaged in mortgage fraud and urged an investigation. Bill Pulte, who Mr. Trump appointed as director of the U.S. Federal Housing Finance Agency in March, made the allegations on X, claiming Cook committed…
Target (TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history. The discounter announced that longtime CEO Brian Cornell’s heavily groomed No. 2, Michael Fiddelke, will take over as CEO on Feb. 1, 2026. Cornell, who has been CEO of Target since August 2014,…
Aug 19, 2025 According to a Reuters poll of market strategists, the S&P 500 is forecast to end 2025 at 6,300 points, a 2.3% decline from its recent level near record highs. This tempered outlook reflects ongoing investor caution over the economic impact of global tariffs and uncertainty surrounding Federal Reserve interest rate policy. While…
Robust growth at home and abroad nearly tripled Laopu Gold’s earnings in the first half of the year, with managers predicting even stronger momentum in the second half. Net profit soared 290.6 per cent from a year earlier to 2.35 billion yuan (US$327 million) in the six months ended June 30, the Beijing-based company said…