financetom
Market
financetom
/
Market
/
Wall Street opens lower on caution ahead of Nvidia results, economic data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wall Street opens lower on caution ahead of Nvidia results, economic data
Aug 29, 2024 9:01 AM

(Reuters) - Wall Street's main indexes opened lower on Tuesday as caution prevailed ahead of highly anticipated results from Nvidia and crucial economic data expected later in the week.

The Dow Jones Industrial Average fell 54.24 points, or 0.13%, at the open to 41,186.28. The S&P 500 opened lower by 13.95 points, or 0.25%, at 5,602.89, while the Nasdaq Composite dropped 70.24 points, or 0.40%, to 17,655.52 at the opening bell.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Liminatus Pharma Gains Compliance With Nasdaq Filing Requirements; Shares up Pre-Bell
Liminatus Pharma Gains Compliance With Nasdaq Filing Requirements; Shares up Pre-Bell
Jun 5, 2025
05:26 AM EDT, 06/05/2025 (MT Newswires) -- Liminatus Pharma ( LIMN ) said late Wednesday that it is now compliant with the Nasdaq listing rule requiring a timely filing of reports with the US Securities and Exchange Commission. The company was notified of the noncompliance due to a delay in the filing of its quarterly report on Form 10-Q for...
Nasdaq 100's Premium Valuation Is 'Easier To Digest' As Growth Optimism Surges For 2026: 'Momentum Remains Bullish'
Nasdaq 100's Premium Valuation Is 'Easier To Digest' As Growth Optimism Surges For 2026: 'Momentum Remains Bullish'
Jun 5, 2025
As the Nasdaq 100 index is nearly 2% away from its all-time high, analysis suggests that it’s “easier to digest” the index’s premium valuation given the growth optimism for 2025 and 2026. What Happened: According to Adam Turnquist, the chief technical strategist at LPL Financial, the Nasdaq 100’s forward 12-month price-to-earnings ratio at 26.6 was above its 10-year average P/E...
Japanese shares end lower on caution over US economic outlook
Japanese shares end lower on caution over US economic outlook
Jun 5, 2025
(Updates with details and closing prices) TOKYO, June 5 (Reuters) - Japanese shares ended lower on Thursday, with automakers leading the declines, as weak U.S. economic data fuelled caution toward the outlook of the world's largest economy. The Nikkei closed 0.51% lower at 37,554.49, while the broader Topix lost 1.03% to 2,756.47. Overnight, U.S. data showed the smallest gain in...
Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
Jun 5, 2025
NEW YORK (Reuters) -After months of Wall Street gyrations to the twists and turns of U.S. trade policy, signs suggest stock investors are becoming more resilient to developments and cautiously defaulting to optimism that they have weathered the worst of the tariff-related shocks. U.S. equities have edged higher over the past two weeks as they digest a sharp rally that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved