U.S. stock market = S&P and Nasdaq fell, selling pressure on Nvidia ahead of earnings announcement.
August 27, 2024, 5:25 AM GMT+9 (excerpt)
In the U.S. stock market, the S&P 500 (.SPX) and the Nasdaq Composite (.IXIC) closed lower. The selling pressure on semiconductor giant Nvidia (NVDA.O) ahead of its quarterly earnings report on the 28th weighed on the market.
The Dow Jones Industrial Average (.DJI) ended in positive territory. It was lifted by buying in heavy machinery manufacturer Caterpillar (CAT.N) and credit card giant American Express (Amex) (AXP.N), among others.
In the market, attention is focused on the personal consumption expenditures (PCE) for July, which will be announced on the 30th, as investors try to assess the direction of the Federal Reserve's monetary policy.
The Dow Jones Industrial Average (.DJI) ended in positive territory. It was lifted by buying in heavy machinery manufacturer Caterpillar (CAT.N) and credit card giant American Express (Amex) (AXP.N), among others.
In the market, attention is focused on the personal consumption expenditures (PCE) for July, which will be announced on the 30th, as investors try to assess the direction of the Federal Reserve's monetary policy.
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