Reported about 2 months ago
The stock market saw a retreat on Tuesday, ending an 8-day winning streak as the S&P 500, Dow Jones, and Nasdaq all closed in the red. Investors are now focused on Fed Chair Jerome Powell's upcoming speech at Jackson Hole this Friday, which could hint at a potential September rate cut. The market response follows recent positive economic indicators, but declines in some sectors, including Lowe's, raise concerns about consumer demand.
Source: YAHOO