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Posted 8/24/2023, 8:54:00 PM

Markets News, Aug. 24, 2023: Nvidia Boost Fizzles; Nasdaq, S&P 500 Fall in Worst Session in Weeks

Stocks tumble in afternoon trading, with the Nasdaq experiencing its worst day in three weeks, as investors await signals on interest rates from the ongoing Jackson Hole forum, where Federal Reserve officials are speaking.

investopedia.com

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Topics

Posted 8/24/2023, 8:54:00 PM

Markets News, Aug. 24, 2023: Nvidia Boost Fizzles; Nasdaq, S&P 500 Fall in Worst Session in Weeks

investopedia.com

Relevant topic timeline:

8/21/2023

Nasdaq breaks losing streak as stocks power through rough August: Stock market news today

Stocks rebounded on Monday, with the Nasdaq Composite leading the way, breaking its four-day losing streak and pushing Wall Street into positive territory, while bond yields continued to rise.

8/24/2023

Nasdaq drops 1% as Fed warns rate cuts aren't coming soon: Stock market news today

Stocks fell on Thursday as strong earnings from Nvidia were overshadowed by comments from the Federal Reserve signaling that interest rates will remain elevated for a long time to combat inflation.

8/28/2023

Stock Market Starts Fresh Week On A High Note; 3M Stock Lifts The Dow

The stock market rose in the first hour of trading Monday, with the Dow Jones being pulled up by 3M (MMM), while eyes are on consumer economic data and jobs numbers later in the week.

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Stocks Tumble as Fed Signals Higher Rates, But One Analyst Says Market Overreacted