22.08.202514:37 Forex Analysis & Reviews: US Market News Digest for August 22

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Markets slide ahead of Powell's testimony

US stock indices ended the session in the red as traders exercised caution ahead of a highly anticipated speech by Federal Reserve Chair Jerome Powell. The S&P 500 fell by 0.4%, while the Nasdaq dropped 0.34%, marking the fifth consecutive day of losses.

Market participants expect Powell's rhetoric to set the tone for market direction in the coming weeks. [More details at the link.]

Rate cut doubts add pressure to the market

Investor confidence in a potential Fed rate cut in September has waned, as stronger business activity data and hawkish comments from FOMC members have weighed heavily on the S&P 500.

The US dollar strengthened, while Walmart shares tumbled 4.5% amid rising operational costs.

Analysts warn that further remarks from the Federal Reserve could trigger stock market volatility. [More details at the link.]

Reminder: InstaForex offers top-tier conditions for trading stocks, indices, and derivatives—helping you profit effectively from market fluctuations.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.