Walmart, Stock Market and Jerome Powell
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Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
Live Updates Live Coverage Updates appear automatically as they are published. Zoom Stock (What Else?) Zooms Higher 9:38 am One more high-profile earnings report from last night: Pandemic star Zoom Communications (Nasdaq: ZM) reported a $1.
In response to the reports, stocks are now plummeting in futures trading. The Russell 2000 (-0.61%), the Dow (-0.42%), and the Nasdaq and S&P 500 (-0.35% each) are all declining in futures.
US stocks ended lower, with the S&P 500 falling for the fifth straight day. Investors feel less confident in a September rate cut. Walmart sinks Dow.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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.
Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's speech on Friday.
After disappointing earnings from The Home Depot and Target this week, Walmart was closely watched by investors today.
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Investor's Business Daily on MSNStock Market Today: Dow Weighed Down By Walmart; Palantir Seeks To End Losing Streak As Nvidia Wobbles (Live Coverage)
The Dow Jones index dropped Thursday after surprise initial jobless claims. Walmart falls as Palantir seeks direction.
Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's speech on Friday.