US market today: Wall Street steadies after AI-led slump; Target dives on CEO exit while Lowe’s rallies on profit beat
Wednesday, 20 August 2025 () Wall Street showed resilience after a previous decline in AI stocks, with mixed earnings reports influencing market movement. Target's CEO transition and sales decline contrasted with Lowe's profit beat and acquisition. Investors are anticipating Federal Reserve Chair Jerome Powell's speech amid inflation and rate cut considerations. Global markets displayed varied performance, influenced by factors like inflation, exports, and geopolitical tensions.
Labor Secretary Lori Chavez-DeRemer discusses the June jobs report and factories reportedly struggling to fill 400,000 open jobs in the U.S. Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street....
President Trump has launched a blistering attack on The Wall Street Journal, Rupert Murdoch, and NewsCorp after the paper reported he drew a Nude woman on an Epstein birthday card. Accused of signing..
Wednesday, 20 August 2025 ()
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