Reported about 1 month ago
As Wall Street begins September trading, US stocks are under pressure, influenced by recent manufacturing data and anticipation of Friday's jobs report. Attention is on Boeing, which faces a downgrade by Wells Fargo, potentially seeing share declines of up to 30%. The chip sector, specifically Nvidia, is also in focus after disappointing earnings, while Broadcom expects to release its quarterly results soon. Investors remain vigilant amid talks of a possible interest rate cut by the Fed.
Source: YAHOO