Powell to give his last Jackson Hole speech
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If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.
Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
The U.S. market is top-heavy, with Nvidia occupying a bigger weight than any company in modern history. Risks abound, our columnist says.
Follow along to what could be a pivotal day in markets with all eyes trained on Jackson Hole, Wyo.
With inflation eating into your savings, relying solely on your nine-to-five paycheck might not be enough. This is where investing comes in. The stock market is in the red again, with major indexes wobbling on renewed concerns about economic growth and interest rate policy.
Reddit ( RDDT 1.72%) stock has gotten hit with a big pullback in this week's trading. Ahead of the market's open this Friday, the company's share price had fallen 11.3% from its level at the previous week's market close. Over the same stretch, the S&P 500 was down 1.2%, and the Nasdaq Composite was down 2.4%.
Live Updates Live Coverage Has Ended Thursday Wrap-up 4:17 pm The Vanguard S&P 500 ETF closed at 584.27 Thursday, down 0.4%. Morgan Stanley Loves HP Enterprise 12:31 pm In analyst action, Morgan Stanley analyst Erik Woodring upgraded shares of HP Enterprise (NYSE: HPE) to overweight with a $28 price target this morning.
A flight to quality trade happens when investors begin to get more defensive and risk-averse, buying stocks that they perceive as higher-quality and avoiding low-quality ones. It’s typical of a market that is seeking safety as some investors bail out, and may presage a market drop.
18hon MSN
The stock market may need ‘tariff checks’ to keep rallying — but the bond market wouldn’t like it
The idea of using collected tariffs for anything other than paying down the U.S.’s debt or funding its spending commitments isn’t terribly popular in the bond market.