• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Stocks lose steam as August slump drags on: Stock market news today
Finance

Stocks lose steam as August slump drags on: Stock market news today

August 21, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Stock futures point to rebound after three-week slump: Stock market news today
Share
Facebook Twitter LinkedIn Pinterest Email

Stocks lost steam in midday trading on Monday after initially rising at the open.

As of 12 p.m. ET, the Dow Jones Industrial Average (^DJI) fell 0.7%, while the S&P 500 (^GSPC) was down about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) remained the only major index in the green, up 0.4% after losing more than 2% last week.

Bond yields edged higher. The yield on the benchmark 10-year Treasury bond hovered around 4.3%, near its highest levels in more than a decade.

The moves come as the Federal Reserve’s interest rate campaign is again set to take center stage in an otherwise sleepy week in markets. Fed Chair Jay Powell is set to speak at an annual gathering of bankers in Jackson Hole, Wyo., on Friday. Last week, concerns about the future path of hikes helped drive market losses.

On the earnings front, the highlight Monday is Zoom (ZM). This week’s highlight will come Wednesday from Nvidia (NVDA), which is looking for an encore after its blowout guidance last quarter. Nvidia stock is up more than 200% so far this year.

Trending tickers

Here are some of the stocks leading Yahoo Finance’s trending tickers page in midday market trading on Monday:

NVIDIA (NVDA): Investors are closely watching the chipmaker ahead of its second quarter earnings results on Wednesday. Shares rose about 5% on Monday, but are up more than 200% on the year amid the AI boom.

Palo Alto Networks (PANW): The stock rose more than 15% on the heels of a surprise earnings beat last week. The company, which decided in early August to shift its earnings announcement to after the bell on Friday, saw shares sink nearly 20% as investors feared the move meant bad news for the cybersecurity giant.

See also  Dow Jones Futures: Nasdaq, Nvidia Break Key Support As AI Stocks Sell Off; What To Do Now

CrowdStrike (CRWD): Fellow cybersecurity company CrowdStrike also saw gains on Monday as investor fears over Palo Alto dissipated, boosting the overall sector. Shares rose 4% in midday trading.

Baidu (BIDU): Shares fell roughly 1% ahead of the company’s second quarter earnings results on Tuesday as sluggish China data and macroeconomic challenges weighed on investor sentiment. Analysts across the board have lowered expectations, citing outlook concerns on revenue and AI cloud growth.

August Drags Lose market News slump Steam stock Stocks Today
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025

How China’s Companies Are Responding to the US Trade War

April 16, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Conservatives Must Keep Pushing Back Against Woke Trans Agenda

April 21, 2023

China Forces Software Companies to Give Away Source Code and Almost Certainly Uses it for Cyberattacks

June 20, 2023

‘Unacceptable Harm’: Biden Admin Says He Will Veto Budget Bills For Vets, Farmers To Protect Leftist Priorities

July 25, 2023

Meta Is Allowing Political Ads That Question The 2020 Election — But Censoring Doubts About 2024

November 16, 2023
Don't Miss

Short and Funny Sayings for a Happy Summer with Friends

Lifestyle May 9, 2025

I love the beach. Just looking at the calming sea to relax. Having fun in…

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,627)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Jim Harbaugh Says Michigan Should Be ‘America’s Team’ for Winning Amid Sign-Stealing Scandal

November 14, 2023

With Increasing Reliance On Healthcare Technology, Cybersecurity Is A Growing Concern

April 30, 2023

Holidays at home for record number of Chinese as economic slowdown bites

September 29, 2023
Popular Posts

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.