Register
Demo
Contacts
 

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

US stocks fluctuate ahead of the Fed's key speech

August, 21 2024
watermark Economic news

U.S. stock indexes ended trading lower on Tuesday as investors waited for Fed Chairman Jerome Powell to speak at a symposium in Jackson Hole on Friday. The market hopes to get clarity from him about the future monetary policy.


Hawaiian Holdings rose 11.3% after the U.S. Department of Justice refused to block the sale of Hawaiian Airlines. Medtronic Plc grew by 0.7% due to an increase in net profit and an increase in the forecast.


XPeng lost 6% amid weak forecasts, and Palo Alto Networks rose 7.2% after posting strong financial results. Johnson & Johnson rose 0.3% after approving a new lung cancer therapy option and buying V-Wave Ltd.


Lowe's Cos. decreased by 1.2% due to lower profit and revenue. Paramount Global lost 2% (voting shares) and 1.2% (non-voting shares) due to reports of an attempt by billionaire Edgar Bronfman Jr. to disrupt the merger with Skydance Media.


Boeing Co. fell by 4.2% due to the suspension of testing of 777X airliners. Nvidia Corp. It lost 2.1% after a long series of growth. Telos Corp. It grew by 25.3% after winning the competition to modernize the network infrastructure of the US Air Force. Eli Lilly grew by 3.1% due to successful trials of the drug Mounjaro.


The Dow Jones Industrial Average fell 0.15% to 40,834.97 points. The Standard & Poor's 500 declined 0.2% to 5,597.12 points. The Nasdaq Composite lost 0.33% to 17,816.94 points.


World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.