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Walmart drops after earnings miss, Meta weakens, and traders stay cautious ahead of Powell’s Jackson Hole speech. US stocks drift lower across key indices.
The S&P 500 lost five days in a row, extending its declines on fears regarding the economy and company earnings reports. The index declined by 0.3%, with te ...
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the ...
Walmart slid more than 4% despite topping sales expectations in its latest quarter, after the retail giant posted a rare earnings miss—its first since May 2022.
Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, ...
To be sure, investors have reason to be cautious. Back in 2022, Powell's keynote speech at Jackson Hole stopped a torrid bear-market rally when he insisted that the central bank remained committed to ...
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may ...
Volume was significantly lower on both the Nasdaq exchange and New York Stock Exchange compared with Wednesday. On the Nasdaq ...
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 ...