Reported about 15 hours ago
Wall Street experienced a decline on Monday, reversing some of last week's significant gains fueled by hopes for interest rate cuts from the Federal Reserve. The S&P 500 fell 0.4%, the Dow Jones dropped 0.8%, and the Nasdaq was down 0.2%, with healthcare stocks among the biggest losers. Despite this, some technology stocks, like Alphabet and Nvidia, helped soften the losses. The market is largely anticipating a rate cut in September, amidst concerns about inflation and the job market's stability.
Source: YAHOO