The S&P 500 closed lower on Monday (25 August) as investors turned their attention to Artificial Intelligence (AI) chipmaker Nvidia’s upcoming quarterly results, following Friday’s rally that saw the Dow Jones Industrial Average close at a record high.
On Friday, US Federal Reserve Chair Jerome Powell suggested at the Jackson Hole Symposium that a rate cut could be considered at the Fed’s September meeting, citing recent weakness in the labour market. This announcement had previously supported gains in the markets.
Nvidia climbed ahead of its quarterly report on Wednesday, which is set to be one of Wall Street’s most closely watched events of the week. With the company accounting for roughly 8% of the S&P 500, its results could have a wide-reaching impact on Americans using index funds for retirement savings.
Market close figures were as follows:
The S&P 500 fell 27.93 points, or 0.43%, ending at 6,438.98.
The Nasdaq Composite dropped 47.24 points, or 0.22%, to 21,449.29.
The Dow Jones Industrial Average slipped 349.27 points, or 0.77%, to 45,282.47.
Azerbaijani President Ilham Aliyev has arrived in Uzbekistan at the invitation of President Shavkat Mirziyoyev to attend the 7th Consultative Meeting ...
Chileans are heading to the polls on Sunday for a presidential election, marking the first mandatory vote since 2012. Around 15–16 million citizens ...
At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowga...
The United States, Qatar, Egypt, the United Arab Emirates, Saudi Arabia, Indonesia, Pakistan, Jordan and Türkiye issued a joint statement supporting ...
The U.S. is studying a plan to divide Gaza into zones with different levels of control. Documents cited by The Guardian outline a green zone for recon...
Azerbaijani President Ilham Aliyev has arrived in Uzbekistan at the invitation of President Shavkat Mirziyoyev to attend the 7th Consultative Meeting of Central Asian Heads of State.
At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowgam, in Indian-administered Kashmir.
The United States, Qatar, Egypt, the United Arab Emirates, Saudi Arabia, Indonesia, Pakistan, Jordan and Türkiye issued a joint statement supporting the draft UN Security Council resolution currently under consideration.
The U.S. is studying a plan to divide Gaza into zones with different levels of control. Documents cited by The Guardian outline a green zone for reconstruction under Israeli and international oversight, and a red zone that would remain heavily damaged after two years of war.
MrBeast, the world’s most popular YouTuber, has officially launched his first theme park, Beast Land, in Riyadh, Saudi Arabia.
A Türkiye-registered Air Tractor AT-802F crashed in western Croatia on Thursday, killing the pilot, local authorities and media reported.
Audi has unveiled the car that marks its first major step into Formula One. It presented the 2026 challenger at a launch event in Munich attended by drivers, team leaders and senior company executives.
Britain’s King Charles III marks his 77th birthday. Unlike his predecessors, King Charles treats his actual birthday, on 14 November, as his main moment of reflection. This year, King Charles visited Wales—a decision that coincides with the overall spirit of his first three years on the throne.
President of the Republic of Azerbaijan, Ilham Aliyev, received a delegation from the U.S. Church of Jesus Christ of Latter-day Saints in Baku on Thursday, 13 November.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
Russia’s budget deficit reached 4.2 trillion rubles (around $51.9 billion) in the first ten months of 2025, driven by rising government spending, according to data from the Finance Ministry released on Tuesday.
Wall Street climbed sharply on Monday, with Nvidia up 5.8% and Palantir 8.8%, as artificial intelligence (AI) stocks rebound and progress in Congress raises hopes of ending the U.S. government shutdown.
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-year caps on standard consumer cards, resolving a 20-year antitrust battle.
Despite promises of recovery from the new government, Germany’s economy continues to stagnate, with no signs of renewed momentum. According to the latest report from the German Chamber of Industry and Commerce (DIHK), the country still lacks the drive needed for a genuine economic rebound.
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