Reported about 2 months ago
US stocks experienced modest gains, with the S&P 500 and Nasdaq Composite each up about 0.2%, following the end of their longest win streak this year. Investors are cautiously optimistic as they await the release of Federal Reserve meeting minutes and labor market data, which could influence interest rate cut expectations. Notably, Target's robust earnings report boosts its shares, while Macy's struggles reflect a sales drop. Attention is also focused on Fed Chair Jerome Powell's upcoming remarks at the Jackson Hole symposium.
Source: YAHOO