The market rally is waiting on Fed chief Jerome Powell. Apple, Tesla and several EV plays are near buy points. Read More...
MarketWatch
U.S. stocks head for worst daily drop in 2 months
U.S. stock market were headed for worst daily decline since mid-June as doubts about the summer’s strong rally on Wall Street deepened and investors waiting on an update from the Federal Reserve’s Jerome Powell at Jackson Hole. The Dow Jones Industrial Average was down 1.9%, or about 631 points, near 33,077. The S&P 500 was off 2.1% and the Nasdaq Composite Index was 2.4% lower. If those levels hold, it would mark the biggest daily percentage decline for the Dow and S&P 500 since June 16, accord
