📈 Stock Market Today: Will the streak continue? S&P and NASDAQ looking at 6 wins in a row
Here's what is happening in the markets today, Thursday, August 26th
Here's what is happening in the markets today, Thursday, August 26th:
- Today Futures mixed with the Jackson Hole Symposium kick off.
- Inflation, interest rates, tapering, and delta variant concerns are all on the table for Central Bankers at the symposium.
- Preliminary GDP came in a tick lower than expected at 6.6% annualized but higher than the last reading of 6.5%.
- Unemployment Claims for the week in at 353k, slightly higher than last week and analyst expectations.
- Salesforce (CRM) up 3.0% after an earnings beat. The company issued an upbeat outlook with companies still moving to the cloud.
- Dollar General (DG) down 5.0% pre-market after mixed earnings results.
- Dollar Tree (DLTR) saw similar results, down 5.8% after an earnings beat but missing on revenue.
- Ulta Beauty (ULTA) looking hot with a 6% gain on strong numbers.
- Williams Sonoma (WSM) up 15% after an earnings beat and 20% dividend hike.
- Abercrombie & Fitch (ANF) down 7% pre-market in spite of an earnings beat.
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- Today Futures mixed with the Jackson Hole Symposium kick off.
- Inflation, interest rates, tapering, and delta variant concerns are all on the table for Central Bankers at the symposium.
- Preliminary GDP came in a tick lower than expected at 6.6% annualized but higher than the last reading of 6.5%.
- Unemployment Claims for the week in at 353k, slightly higher than last week and analyst expectations.
- Salesforce (CRM) up 3.0% after an earnings beat. The company issued an upbeat outlook with companies still moving to the cloud.
- Dollar General (DG) down 5.0% pre-market after mixed earnings results.
- Dollar Tree (DLTR) saw similar results, down 5.8% after an earnings beat but missing on revenue.
- Ulta Beauty (ULTA) looking hot with a 6% gain on strong numbers.
- Williams Sonoma (WSM) up 15% after an earnings beat and 20% dividend hike.
- Abercrombie & Fitch (ANF) down 7% pre-market in spite of an earnings beat.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket