US stocks were mixed in choppy trading on Monday with tech leading the declines as investors weighed the imminent arrival of interest rate cuts and braced for a busy week dominated by Nvidia's earnings report. The Dow Jones Industrial Average briefly touched new intraday records before giving up its gains to hover near the flatline. The S&P 500 slipped 0.4%, while the tech-heavy Nasdaq Composite sank 1% as shares of chip heavyweight Nvidia dropped.
But with only three Fed meetings left in the year — in September, November and December — and the August jobs report still to come, Wall Street is wondering when and whether a 0.5% cut is likely. Now the focus is firmly on Nvidia earnings — the marquee event of the week — which will likely determine whether the market mood stays upbeat.
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Stock market today: S&P 500, Nasdaq futures rise as rate-cut conviction runs highThe market is weighing how deeply the Federal Reserve could cut interest rates in September on the eve of a key speech by Jerome Powell.
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Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Stock market today: S&P 500, Nasdaq rise as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Stock market today: S&P 500, Nasdaq futures rise ahead of Fed minutes, jobs reviewInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »