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US Stocks Open Lower, Focus on Home Depot Earnings and Jackson Hole Meeting
Summary: According to Jinshi News, the US stock market opened lower on Tuesday, with Home Depot's earnings kicking off a series of key retail company performances. Investors are also focusing on this week's central bank annual meeting to assess the interest rate path. The S&P 500 index opened down 0.1%, the Nasdaq 100 index down 0.5%, ...
According to Jinshi News, the US stock market opened lower on Tuesday, with Home Depot's earnings kicking off a series of key retail company performances. Investors are also focusing on this week's central bank annual meeting to assess the interest rate path. The S&P 500 index opened down 0.1%, the Nasdaq 100 index down 0.5%, and the Dow up 0.2%. Stephen Schwartz, founding partner of Vanguard Financial, stated that Powell's speech on Friday could be a turning point for the market, with expectations of signaling a possible rate cut in September.
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Link: US Stocks Open Lower, Focus on Home Depot Earnings and Jackson Hole Meeting [Copy]