Reported about 2 months ago
US stocks saw a slight decline on Tuesday following an impressive eight-day rally, with the S&P 500 and Dow Jones experiencing minor drops. Investors are cautiously awaiting Federal Reserve Chair Jerome Powell's remarks at the central bankers' gathering in Jackson Hole this week, which may hint at a potential rate cut. Additionally, concerns regarding the labor market's stability are rising as unemployment expectations reach a decade high, while gold prices continue to soar in response to geopolitical uncertainties.
Source: YAHOO