Wall Street shows little activity with the Vanguard S&P 500 ETF down less than 0.1% while investors anticipate Fed Chairman Jerome Powell's insights on interest rates later this week. The markets have an 83% expectation of a 0.25% rate reduction in September, but rising wholesale inflation may affect this forecast. Earnings have been mixed; Palo Alto Networks beat estimates with a profit of $0.95 per share and solid guidance, while Home Depot missed earnings expectations at $4.68 per share, indicating mixed performance amidst the ongoing earnings season.
The Vanguard S&P 500 ETF is down less than 0.1% as investors await Fed interest rate clues, with a focus on Powell's hints about lowering rates.
Home Depot reported earnings of $4.68 per share for Q2 2025, missing expectations by four cents, while Palo Alto Networks exceeded forecasts with earnings of $0.95.
Collection
[
|
...
]