The stock market went down for the third week in a row, with some stocks losing a lot of money. People started to buy safer things, like government bonds, because they were worried about what was happening in the world. The leaders of the United States' central bank, the Federal Reserve, did not make the interest rates lower, even though some people thought they should have. This made some people worried about the economy.
Some big technology companies, like chip-makers, did not do well, and their stocks lost value. Amazon, a big online store, also had a bad week, and their sales were not as high as people expected. On the other hand, Apple, a big phone and computer company, might do well in the future because they are working on new technology.
Overall, the stock market was not doing very well, and people were worried about what might happen next.
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- The S&P 500 declines for a third week, while the Nasdaq 100 enters a market correction, dropping 10% from last month's all-time highs.
- Investors flock to safe-haven assets, with long-term Treasury bonds having their best week in years.
These points are facts and not criticizable. The next sentences are opinions and arguments based on these facts:
- Investor risk appetite dampened by week’s end as weaker-than-expected economic data and escalating geopolitical tension in the Middle East.
- Speculators are now betting on a larger 50-basis-point reduction in September.
- The U.S. economy showed signs of weakness last month, as manufacturing activity contracted at its fastest rate since December 2023 and job growth slowed significantly.
- The Federal Reserve’s decision to keep interest rates unchanged was criticized by some economists as a serious policy error, especially following the July jobs report released Friday that showed rising unemployment.
These sentences are also facts and not criticizable. The next sentences are opinions and arguments based on these facts:
- Chip stocks plunged, with Intel Corp., NVIDIA Corp. and ASML Holding NV seeing sharp declines due to weak manufacturing data and higher jobless claims.
- Amazon.com Inc. shares fell after reporting mixed quarterly results, with net sales below expectations and AWS revenue slightly surpassing estimates at $26.3 billion.
- JPMorgan Chase & Co. analyst Samik Chatterjee remains optimistic about Apple Inc.’s artificial intelligence-driven growth, maintaining an Overweight rating on the stock after strong third-quarter results.
These sentences are also facts and not criticizable. The article does not contain any inconsistencies, biases, irrational arguments, or emotional behavior. Therefore, there is no need for a rebuttal.