Stocks are falling Friday despite Federal Reserve Chairman Jerome Powell pledging to sustain the U.S. economic expansion as sentiment is dented by China saying it would take retaliatory measures in its tariff battle with the U.S.
China will announce tariffs on U.S. goods in the latest salvo in the ongoing trade war between the world's two largest economies.
Stocks finish mixed as bond yields invert - a possible recession warning - ahead of Fed Chairman Jerome Powell's scheduled address Friday at the annual Jackson Hole Economic Symposium.
Pure Storage rises after beating second-quarter earnings expectations, even as it lowers guidance and announces the departure of its chief financial officer.
A brief yield curve inversion did not distract investors from strong earnings from retail giants Target and Lowe's.
Pinduoduo shares are soaring after the Chinese e-commerce platform blows by Wall Street's expectations for the second quarter.
The apparel retailer beats Wall Street's second-quarter earnings expectations but misses on sales.
Stocks spike lower at the close Tuesday to end near their lows of the day as bulls took a step back from Wall Street's recent rebound to digest the earnings report from Home Depot and prepare for a flurry of activity from the Federal Reserve.
HP Inc. slips after Citigroup downgrades the personal computer company to neutral from buy, and lowers its price target to $21.
Pilgrim's Pride rises after BMO Capital upgrades shares of the packaged food company to outperform from market perform, and lifts its price target to $36.
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