
Aug 24 (Reuters) - Wall Street's main indexes opened lower on Monday as investors weighed the U.S. pledge of an "economic D-Day" against Iran while awaiting AI giant Nvidia's quarterly results and a
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Aug 24 (Reuters) - Wall Street's main indexes opened lower on Monday as investors weighed the U.S. pledge of an "economic D-Day" against Iran while awaiting AI giant Nvidia's quarterly results and a

Everyone seems to have the same idea as Tesla these days. The latest example comes from Chinese EV maker XPeng Monday, it reported a second-quarter per-share loss of 10 cents from sales of $2.9 billion. Wall Street was looking for a 20-cent loss on $3 billion in sales.

Aug 24 (Reuters) - S&P 500 and Nasdaq futures slipped on Monday as investors prepared for a pivotal week marked by the prospect of fresh U.S. sanctions on Iran, Federal Reserve Chair Kevin Warsh's

Federal Open Market Committee (FOMC) policymakers just acknowledged that Fed Chair Kevin Warsh's worst-case scenario for inflation is a genuine possibility.

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran.Vice President JD Vance admitted the plan was a "delicate dance" because Iran will "try to apply economic pressure to us".

The U.S. imposed a 50% tariff on about $20 billion worth of Canadian imports after talks between the countries broke down late Friday night. The levy officially went into effect at 12:01 a.m. Saturday.

Stronger profits are changing the math for stocks again
Nvidia earnings headline a busy week with an all-important inflation reading

Energy prices aren't the headline inflation story any longer.

Thanks to Scott Bessent, Fed Chair Warsh now finds himself stuck between a rock and a hard place.

<body><p>STORY: U.S. stock indexes closed higher Friday with the Dow gaining about 1 percent and the S&P 500 and Nasdaq rising about four-tenths of one percent each.</p><p>:: Archive</p><p>All three fell for the week as investors were rattled by fluctuating government bond yields and a lack of clarity on progress in the Middle East.</p><p>Friday’s economic data eased concerns, as the U.S. services sector posted its strongest growth in nearly two years powering a sharp acceleration in overall business activity in August. </p><p>This offset a slowing of growth in a manufacturing sector that is being restrained by reduced stock building and supply disruptions from the Iran war.</p><p>Earlier, UBS Global Wealth Management raised its year-end target for the S&P 500 to 8,100, citing a stronger earnings outlook and robust corporate profit growth.</p><p>Kevin Mahn, president and chief investment officer with Hennion & Walsh Asset Management says he expects a bumpy road for stocks in the near term but believes they will finish 2026 on solid footing.</p><p>"So I believe that the market is likely headed for more short-term bouts of volatility up to and through these midterm elections." //</p><p>"But I also believe that once we have some clarity after the midterm elections, in all likelihood, some type of lasting deal between the US and Iran, moderating inflation, and also continued strong earnings, not just from technology companies, but all S&P 500 companies will have a very strong close to the year. "</p><p>Stocks on the move included Ross Stores which added 4 percent after the value retailer raised its annual profit forecasts and reported better-than-expected quarterly results.</p><p>And retail investor platform Robinhood surged nearly 14% as bitcoin touched its highest levels since mid-May.</p></body>

STOCKS U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment. Treasury yields held near their highest levels in over a decade, however, and the S&P 500 posted its first weekly loss since late July.

The market rally suffered damage last week, though bitcoin and gold shined. Nvidia and CrowdStrike earnings are critical while Fed's Warsh will make a big speech.
US equity indexes rose markedly on Friday, even as bond yields continued to rise after Canada's trad

Stocks were rising, but the Dow industrials were still facing their largest weekly decline since March.

The Nasdaq, Dow Jones Industrial Average and S&P 500 opened higher, attempting to claw back losses from a rocky week sparked by bond-market drama. Here is what is driving the markets today: Treasury yields near highs: Long-term Treasury yields stabilized today, hovering near decade-highs.

Aug 21 (Reuters) - Wall Street's main indexes opened higher on Friday after getting hammered in the previous session, though markets remained on track to end the week in the red as surging government

Rising Treasury yields and inflation fears drove a broad selloff, leaving the S&P 500 down nearly 2% for the week

The president's repeated calls for lower interest rates are falling on deaf ears amid elevated inflation that's primarily been driven by his policies.

Aug 21 (Reuters) - U.S. stock index futures inched up on Friday following a battering in the last session, in a week that saw elevated government bond yields and heightened geopolitical tensions weigh
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