5 things to know before the stock market opens Monday
Publishing timestamp: 2024-08-26 08:49:22
Summary
Stocks rose last week on expectations for Federal Reserve rate cut. Fed Chair Powell indicated easing policy soon. Busy week of earnings ahead including Nvidia and retail names. Boeing Starliner capsule to return empty, astronauts on SpaceX craft. Former President Trump embraces cryptocurrencies. Restaurants adding surcharges to bills to increase revenue.
Sentiment: MIXED
Tickers: GPS, AEO, JWN, LULU, BA, FL, BBY, CRM, NVDA, ANF, ULTA,
Keywords: american eagle outfitters inc, boeing co, nvidia corp, foot locker inc, gap inc, abercrombie & fitch co, nordstrom inc, investment strategy, ulta beauty inc, best buy co inc, lululemon athletica inc, business news, salesforce inc, economy, business, markets,
Source: https://www.cnbc.com/2024/08/26/5-things-to-know-before-the-stock-market-opens-monday.html