Asia Markets Mixed, Europe Edges Up; Crude Oil And Gold Retreat - Global Markets Today While US Slept
Portfolio Pulse from Akanksha Bakshi
U.S. markets closed mixed with the S&P 500 and Nasdaq declining, while the Dow rose. Nvidia's stock fell ahead of its earnings report. Durable goods orders in the U.S. increased by 9.9% in July. Asian markets showed mixed results, and European markets edged up. Commodities like crude oil and gold retreated.
August 27, 2024 | 10:46 am
News sentiment analysis
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NEGATIVE IMPACT
Nvidia's stock fell 2.25% ahead of its earnings report, contributing to declines in the S&P 500 and Nasdaq.
Nvidia's stock decline is significant as it is a major component of the S&P 500 and Nasdaq. The fall ahead of earnings suggests investor caution, potentially impacting short-term stock performance.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
American Express contributed to the Dow's rise, reflecting positive market sentiment.
American Express's performance helped the Dow rise, indicating positive sentiment towards the company's prospects.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Caterpillar's stock supported the Dow's rise, indicating positive investor sentiment.
Caterpillar's gains contributed to the Dow's positive performance, suggesting investor confidence in the company's outlook.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70