Jackson Hole Symposium Could Cast Light on Fed's September Decision -- Market Talk

There is perhaps not enough economic data to tip the balance in favor of an interest-rate cut by the Federal Reserve in September but more information is likely to be available by the Fed's Jackson Hole symposium in August, says John Plassard, senior investment specialist at Mirabaud Group, in a note.

WSJ21minutes ago

Small Cap Rebound Not Supported by Fundamentals: BlackRock's Wei Li

Wei Li, global chief investment strategist at BlackRock, says she is not chasing the momentum in small caps as the rebound is not supported by fundamentals.

Bloomberg23:36 ET

What Is the 'Trump Trade'?

State Street Senior Multi-Asset Strategist Marija Veitmane discusses the "Trump trade," the outlook for earnings and why she cautions against a "wholesale rotation into small caps."

Bloomberg23:34 ET

The "bleak season for US stocks from August to October" is approaching. Be wary of the wave of "profit-taking"! The financial reports of technology giants will dominate the fate of US stocks.

Issues typically arise between August and October, during which the historical performance of the US stock market is relatively weak compared to other months. The S&P 500 index in September has the largest five-year average decline at -4.23%.

Zhitong Finance21:35 ET

Harris Glides Toward Nomination, Contest With Trump -- WSJ

Vice President Kamala Harris marched toward securing the Democratic presidential nomination Monday following President Biden's decision to abandon his re-election bid, as the party coalesced around her to take on Donald Trump this fall.

WSJ20:14 ET

Did Biden's withdrawal cause market shock: Trump's chances of winning increased, pushing up the stock market, and the return of the Democratic Party may lead to a short-term adjustment?

Last Sunday, USA President Biden announced that he will not seek re-election in November, adding uncertainty for the new owner of the White House in 2025.

Zhitong Finance20:05 ET