CNBC Daily Open: Jackson Hole anxiety overshadows Nvidia
Publishing timestamp: 2023-08-25 02:01:38
Summary
U.S. stocks closed lower as the earlier rally sparked by Nvidia's earnings fizzled out. Asia-Pacific markets tumbled, with Japan's Nikkei 225 losing almost 2%. Shipping routes from Asia to Europe have been slow due to decreased demand. India denies being too dependent on Russian oil. Goldman Sachs lists compelling stocks to invest in. Investor anxiety over Jackson Hole and concerns about interest rates impact the market sentiment.
Sentiment: MIXED
Tickers: .IXIC, BAC, .DJI, GS, AMZN, NVDA, C, .SPX, AAPL,
Keywords: bank of america corp, dow jones industrial average, citigroup inc, markets, interest rates, world markets, business news, nvidia corp, technology, nasdaq composite, goldman sachs group inc, jerome powell, oil and gas, india, s&p 500 index, apple inc, amazon.com inc,
Source: https://www.cnbc.com/2023/08/25/stock-markets-jackson-hole-anxiety-overshadows-nvidia-.html