wall street is a little bit worried today. imagine you have a big bag of candy, but today, someone told you that maybe there's a little less candy in the bag than you thought. so, everyone is a bit worried and trying to figure out what to do. some things that are normally really happy, like the price of gold and the value of bitcoin, are staying the same, while other things, like the price of oil, are going down. all the big groups of companies, like the ones that make cars, planes, or phones, are a little bit down, but some smaller companies are doing okay. people are also watching what the government is doing, because they can affect how the candy is made and shared. Read from source...
None noted.
neutral
Most important point: Wall Street sees worsening risk sentiment with all major U. S. indices in the red by midday.
Other important points:
1. The U. S. dollar falls 0.4%, hitting its lowest level since December 2023, while long-term Treasury yields dropped.
2. Traders remain cautious as they await key economic events later this week.
3. Small caps underperformed large cap on Tuesday, and nine out of 11 S& P 500 sectors were in negative territory, with the exclusion of healthcare and consumer staples.
Overall, the article appears to be neutral in sentiment. It presents current market conditions and economic events without expressing a clear positive or negative view.
as markets experience all major us indices in red and worsening risk sentiment, traders remain cautious while awaiting key economic events. Nine out of 11 sp 500 sectors are in negative territory, and small caps underperform large cap. The usd index bull drops to lowest level since december 2023, with significant declines at long end of the curve. Gold remains steady at record high levels, and oil prices decline. Bitcoin slips.
### CARL:
As US equity indices trade in the red, traders remain cautious while awaiting key economic events later this week. The Bureau of Labor Statistics will release its “2024 Preliminary Benchmark Revision to Establishment Data” on Wednesday, which will include non-farm payroll revisions covering the period from April 2023 to March 2024. The Federal Reserve will also release the minutes from the July FOMC meeting later in the day. The Jackson Hole Symposium kicks off on Thursday, where Fed officials are expected to make headlines during media interviews. On Friday, Fed Chair Jerome Powell will take center stage with a live address. Small caps underperformed large caps on Tuesday, and nine out of 11 S&P 500 sectors were in negative territory, with the exclusion of healthcare and consumer staples. A measure of the USD fell 0.4%, tumbling to the lowest level since late December 2023. Treasury yields also fell, with more significant declines at the long end of the curve. Gold remained steady at record- high levels of $2,500 per ounce, while oil prices declined by another 0.5%, marking their third straight drop.
### BEN:
Wall Street sees worsening risk sentiment with all major US indices in the red by midday. The US dollar falls 0.4%, hitting its lowest level since December 2023, while long-term Treasury yields dropped. If the S&P 500 and Nasdaq 100 close lower today, it will break their current eight-day winning streak, a run that has nearly erased the losses sustained earlier this month. Traders remain cautious as they await key economic events later this week. On Wednesday morning, the Bureau of Labor Statistics will release its “2024 Preliminary Benchmark Revision to Establishment Data,” which will include non-farm payroll revisions covering the period from April 2023 to March 2024. Later in the day, at 2 p.m. E.T., the Federal Reserve will release the minutes from the July Federal Open Market Committee (FOMC) meeting. The Jackson Hole Symposium kicks off on Thursday, where Fed officials are expected to make headlines during media interviews. On Friday, Fed Chair Jerome Powell will take center stage with a live address. Small caps underperformed large cap on Tuesday, and nine out of 11 S&P 500 sectors were in negative territory, with the exclusion of healthcare and consumer staples. A measure of the US dollar fell 0.4%, tumbling to the lowest level since late December 2023. The Inves