The Dow Jones Industrial Average achieved a record close, bolstered by Federal Reserve Chair Jerome Powell's hints at potential interest rate cuts. Investors are optimistic as market indicators point toward growth, with significant gains across major indices.
As investors brace for Jerome Powell's critical speech, stocks drop across major indexes, led by declines in tech. Walmart's earnings disappointment adds to market woes. Will Powell's words change the tide?
Stock futures dip as S&P 500 struggles with tech sell-off following Walmart's mixed earnings report. Investors await insights from Fed Chair Powell at Jackson Hole.
Walmart's shares dropped 2.5% in premarket trading after reporting Q2 profits below expectations, despite a revenue increase of nearly 5% year-over-year and strong eCommerce growth.
The FDA has issued a warning against consuming Great Value frozen shrimp sold at Walmart due to possible radioactive contamination. A single shipment was found to contain Cesium-137, raising serious health concerns.
Walmart has issued a recall for frozen raw shrimp sold in 13 states due to potential radioactive contamination. The FDA detected Cesium-137 in shipments, raising health concerns. Consumers are urged to discard the affected products.
As earnings reports loom, Walmart emerges as a strong competitor while Target struggles with its identity. Investment expert Victoria Greene shares insights on what to expect from both retailers.
The FDA has issued a warning against consuming certain frozen shrimp sold at Walmart, linked to unsanitary conditions and the detection of radioactive cesium-137 in shipments from the supplier BMS Foods. Although the shrimp never reached the market, officials urge consumers to throw them away or return them.
Stock futures are showing a slight decline as President Trump prepares to meet with Ukrainian President Zelensky and European leaders. This meeting follows a pivotal summit with Putin, while major retailers like Walmart prepare to report earnings. Central bankers will gather in Wyoming for the Jackson Hole symposium, with significant market implications on the horizon.
U.S. retail sales rose 0.5% in July, driven by strong vehicle demand and major retailer promotions, but fears of a slowing economy and rising inflation could dampen consumer spending ahead.
