US stocks opened lower, and the Home Depot earnings report and the Jackson Hole meeting became the focus
TechFlame
2025-08-19 13:51
TechFlame2025-08-19 13:51
English
According to TechFlame, the US stock market opened low on Tuesday. Home Depot's earnings report kicked off a series of key retail companies' performance. Investors are also watching the central bank's annual meeting to determine the interest rate path to be held this week. The S&P 500 opened down 0.1%, the Nasdaq 100 index fell 0.5%, and the Dow rose 0.2%. Stephen Schwartz, founding partner of Pioneer Finance, said Powell's speech on Friday could be a turning point for the market and is expected to send a signal that interest rates may be cut in September.