Reported 2 days ago
On August 21, 2025, the S&P 500 dropped 0.4%, marking the fifth consecutive losing session, as investors awaited remarks from Federal Reserve Chair Jerome Powell. Notable declines included First Solar, down 7% after President Trump's announcement against new renewable projects, and Walmart, which fell nearly 5% due to disappointing quarterly earnings. Conversely, Paramount Skydance shares surged over 14% following its acquisition of UFC programming rights, while Hewlett Packard Enterprise saw a 3.7% rise after upgrades from Morgan Stanley.
Source: YAHOO