The Daily

 » Read more about: Dow Dips 150 Points Ahead Of Powell Speech: Investor Sentiment Declines, Fear & Greed Index Moves To 'Neutral' Zone  »

• Dow Jones futures remain steady as traders adopt caution ahead of Fed Chair Powell’s speech at the Jackson Hole Symposium.
• US markets struggled as Fed rate cut odds eased following US economic data.
• Walmart declined 4.5% after missing earnings estimates for the first time since 2022.

 » Read more about: Dow Jones futures move little amid market caution ahead of Fed Powell’s address  »

Dalal Street witnessed a sharp fall a few hours into trading on Friday as Sensex and Nifty declined over half a percent. At opening bell, indices opened marginally lower but kept sliding as the day went on.

The decline brought a pause to the uptrend which the market was witnessing over GST reforms and S&P’s sovereign rating upgrade.

 » Read more about: Sensex down 500 points: Why is stock market falling today?  »

 » Read more about: CEO Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors  »

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 » Read more about: Federal Reserve minutes highlight split over effects of Trump’s tariffs on inflation  »

Bitcoin (BTC), the world’s oldest and most valued crypto, remained below the $114k mark on Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the red across the board as the overall Market Fear & Greed Index stood at 46 (Neutral) out of 100,

 » Read more about: Cryptocurrency Price Today (August 22): Bitcoin Remains Below $114k, OKB Top Gainer For 2nd Consecutive Day  »

By CHRISTOPHER RUGABER

WASHINGTON (AP) — President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the few remaining independent agencies in Washington.

Federal Reserve governor Lisa Cook says she won’t leave her post.

 » Read more about: Why the Federal Reserve has historically been independent of the White House  »

 » Read more about: Why Shares of Nano Nuclear Energy Are Plummeting This Week  »

Things are looking up for the chipmaker.

 » Read more about: CEO Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors  »

Tech stocks are having a rough day, extending their recent slump amid a sector rotation away from big tech leaders. 

The Nasdaq lost close to 1% in recent trading, and the S&P 500 slid 0.4% as tech sector losses weighed on the indexes. The Dow Jones Industrial Average was little changed as retail and consumer defensive names gained,

 » Read more about: Tech Stocks Are Under Pressure. Why Some Wall Street Analysts Say That May Not Last  »