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Dow retreats 200 points amid Walmart earnings miss
GameFi Guides

Dow retreats 200 points amid Walmart earnings miss

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The Dow Jones Industrial Average wavered on Thursday as investors reacted to retail giant Walmart’s quarterly miss, with stocks opening lower as Wall Street turned its attention to the Federal Reserve’s key symposium at Jackson Hole.

Summary

  • Dow fell 200 points and S&P 500 and Nasdaq shed gains amid stocks retreat.
  • Walmart shares dipped after the company’s earnings report.
  • Investors are eyeing the Federal Reserve’s Jackson Hole symposium.

The Dow Jones Industrial Average fell 200 points at open, leading the pullback after bouncing to a record high on Wednesday. As the blue-chip index flipped lower, the benchmark S&P 500 shed 0.3% and the tech-heavy Nasdaq Composite trimmed 0.3%.

Stocks dip amid Walmart earnings miss

While the bloodbath for mega-cap tech stocks cooled, a dip in Walmart (WMT) shares after the retail giant missed quarterly profit forecasts pulled the Dow lower. Walmart, however, raised its full-year sales and profit outlook.

Meanwhile, shorts have taken a rare edge in the stock market since the rally began in May, with sentiment down after sellers scored big on the sharp sell-off in tech stocks.

Analysts have pointed to Palantir Technologies’ streak of six losing sessions as a slide that has erased tens of billions in market value. Although the company’s stock ticked higher on Aug. 21, it remains more than 17% down from its Aug. 12 peak.

Bearish momentum across risk assets has also weighed on cryptocurrencies, with Bitcoin down over 4% in the past week to hover near $113k. Despite the dip, Coinbase founder and CEO Brian Armstrong has predicted BTC could reach $1 million by 2030.

Jackson Hole in focus 

As stocks struggle and investors retreat from risk-on assets, all eyes are firmly on this week’s key event, the Federal Reserve’s Jackson Hole symposium. The gathering of policymakers and economists has the market focused not only on what Fed Chair Jerome Powell will say on Friday morning, but also on what his remarks signal about the future of interest rates.

That focus has sharpened after the Fed’s July minutes revealed the central bank is more concerned with sticky inflation than with weakness in the labor market.



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Dow Jones, Nasdaq, S&P 500 down, retailers are split on tariff impact
GameFi Guides

Dow Jones down, Nasdaq gains while S&P 500 nears record highs

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Tech stocks were led slightly higher as the S&P 500 approached record levels following the Israel–Iran ceasefire.

Major U.S. stock indices were mixed as the S&P 500 approached its all-time high. On Wednesday, June 25, the Dow Jones was down 151.95 points, or 0.35%, while the tech-focused Nasdaq gained 0.24%. The S&P 500 was mostly flat, trading at 6,090 points, close to its February all-time high of 6,144.

Stocks are stabilizing after a major rally earlier this week on the Iran–Israel ceasefire. Just days ago, tensions had threatened to escalate into a broader regional war, with the U.S. facing another potential Middle East entanglement.

Now, markets are adjusting back to their normal dynamics. Crude oil prices also rose 2% to $65 per barrel after dropping from the monthly highs reached during the conflict. On the other hand, tech stocks are gaining as traders see signs of potential rate cuts this year.

Dow Jones Industrial Average heatmap | Source: TipRanks

Nvidia near ATH, Trump looking for Powell’s replacement

In particular, Nvidia had strong gains, rising 3.4% to $152.93. This puts it on track to surpass its intraday all-time high of $153.13, last seen in January. The rally also pushed Nvidia’s market cap to $3.71 trillion, surpassing Microsoft’s $3.65 trillion.

The rally was likely fueled by Bank of America’s guidance on the stock, which identified it as the leader in AI chips. Moreover, Nvidia and the broader AI sector could benefit from the easier monetary policy that U.S. President Donald Trump is advocating.

After months of pressuring Federal Reserve Chair Jerome Powell, Trump stated that he is actively seeking a replacement. The President said he is now down to 3 or 4 candidates to replace Powell as Fed Chair. Trump did not say whether he would fire Powell before his term officially ends in May 2026.



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Dow drops 115 points as S&P 500’s six-day rally ends
NFT Gaming

Dow Jones up 500 points on Iran-Israel ceasefire, Powell to wait with rate cuts

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U.S. stocks are up as lowering tensions in the Middle East create more positive, risk-on sentiment.

Major U.S. stock indices rose after the announced ceasefire between Israel and Iran. On Tuesday, June 24, Dow Jones was up 470 points or 1.1%, reclaiming its levels before the 12-day war started. At the same time, the S&P 500 was up 1.05%, and the tech-focused Nasdaq was up 1.43%.

Dow Jones Industrial Average heatmap | Source: TipRanks

Driving the markets were hopes that the conflict between Iran and Israel would cease for now. U.S. President Donald Trump announced a ceasefire between the two countries. Moreover, he pressured Israel to stop its attacks against Iran, which promised hope for an end to the war.

The escalation of a broader conflict threatened the global oil economy. This was particularly true after the U.S. got directly involved with its own strikes on Iran’s nuclear facilities. After these strikes, Iran even threatened to push the price of oil to its historic levels by closing the Strait of Hormuz.

The price of crude oil dropped back down to $64 per barrel, down 5.33% in just one day. Crude oil traded near $75 at the height of the crisis, the highest price since January this year. Lower oil prices are good news for the global macro outlook as they could lead to cooling inflation.

Fed can afford to wait with rate cuts: Powell

With de-escalating tensions in the Middle East, focus is once again on the Federal Reserve and interest rates. In his testimony before Congress, Fed Chair Jerome Powell said that the Fed will wait for more information before making changes to the interest rates.

In particular, Powell is concerned by the potential effects of Trump’s tariffs, which could both push inflation up and lower growth. What is more, effects on inflation could be either short-lived or persistent, which would require a different response.

In any case, Powell stated that rate cuts could come sooner if inflation stays low or if the unemployment rate picks up.



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Dow drops 115 points as S&P 500’s six-day rally ends
Crypto Trends

Dow Jones up 200 points despite Iran’s soft retaliation

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U.S. stocks have shown gains as Iran’s attack on a U.S. airbase in Qatar produced no casualties. Still, tensions threaten to escalate.

Major U.S. stock indices saw small gains despite the U.S. entry into Israel’s war with Iran. On Monday, June 23, Dow Jones was up 270 points or 39.98%, while the S&P 500 was up 0.69%. Tech-heavy Nasdaq was up 0.78%, boosted by growth stocks, while oil prices dropped 5%.

Nasdaq 100 heatmap | Source: TipRanks

The timing of the three U.S. strikes on major Iranian nuclear facilities, which happened when the markets were closed, may have muted a reaction. Oil also traded only slightly higher, despite fears that Iran may resort to drastic measures. This included the closure of the Strait of Hormuz, a vital global oil artery.

Still, traders braced for Iran’s response, and on June 23, the Iranian military reported that they had already launched a strike on the U.S. military base in Qatar. Qatar’s foreign ministry confirmed, but added that there were no casualties, as the U.S. evacuated its planes and personnel days ago.

Trump declares victory, threatens regime change

U.S. officials have already threatened severe consequences if Iran chooses to retaliate. Trump even talked about regime change, suggesting that Iranian Ayatollahs could be replaced with a democratic government.

Still, it is not yet clear whether or not the U.S. is committed to a full-fledged war with Iran. The effectiveness of the U.S. strikes on Iran, which President Donald Trump called a “spectacular military success,” still has to be assessed. Independent agencies saw no signs of elevated radiation.

The questionable effectiveness of the U.S. strikes, as well as Iran’s careful response, suggests that tensions may be de-escalating. For this reason, growth stocks were up, with Tesla gaining almost 10% after launching its Robotaxi service.

Still, the launch was not without its problems, with numerous riders reporting speeding and traffic law violations.



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Dow drops 115 points as S&P 500’s six-day rally ends
GameFi Guides

Dow Jones lower by 1.79%,markets rattled as Israel-Iran conflict escalates

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U.S. stocks fell sharply Friday as escalating military conflict between Israel and Iran sent oil prices soaring and investors retreating from risk assets. 

The Dow Jones Industrial Average closed down 1.79%, while the S&P 500 closed down 1.13% and the Nasdaq lost 1.30%. 

Israel launched strikes on Iran’s nuclear and missile facilities late Thursday evening, prompting retaliatory missile launches from Iran during the final hours of Friday’s U.S. trading session.

Oil and defense stocks climbed. Brent crude jumped more than 7%, briefly surging 14% during Asia trading hours, while WTI crude approached $74 a barrel. 

ExxonMobil rose around 2%, and defense firms Lockheed Martin and RTX gained about 3% each. Gold rose 1.4% to $3,432 an ounce, nearing its April record.

The sell-off ended what was shaping up to be a positive week for equities. 

Global markets followed suit. European and Asian equities posted losses of more than 1%. U.S. Treasury yields rose, with the 10-year note climbing 7.9 basis points to 4.436%, reversing earlier declines on safe-haven demand. The dollar also rebounded, gaining 0.5%.

President Trump urged Iran to return to nuclear talks and warned of further consequences, citing a missed 60-day deadline. Meanwhile, Iran canceled planned negotiations with the U.S.

Economically, the University of Michigan’s consumer sentiment index rose sharply to 60.5 in June, topping forecasts and suggesting resilient consumer outlooks despite geopolitical uncertainty.

Investors now face renewed inflation risks from rising oil prices and uncertainty around future Federal Reserve actions.



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Dow Jones down 500 points on escalating Israel
NFT Gaming

Dow Jones down 500 points on escalating Israel

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U.S. stocks are down as the deadly Israeli strike against Iran ignites fears of a regional war in the Middle East.

Major U.S. stock indices fell Friday, June 13, as fears of a regional war fueled risk-off sentiment. The Dow Jones Industrial Average dropped 525.80 points, or 1.22%, with nearly all major stocks trading in the red. The S&P 500 slipped 0.54%, while the tech-heavy Nasdaq was down 100 points, or 0.53%.

Dow Jones Industrial Average heatmap | Source: TipRanks

Markets are rattled by the potential economic fallout of escalating tensions between Israel and Iran. Israel carried out a series of deadly attacks on Iranian military and nuclear facilities. The Israeli government claimed Iran’s nuclear program poses an existential threat, while Iran vowed to deliver a “legitimate and powerful response.”

Altcoins hit hard by global tensions

The escalating conflict is causing traders to rethink exposure to high-growth and high-risk assets like tech stocks. Notably, Nvidia fell 1.5%, and Apple declined 1% following the attacks. Simultaneously, investors rotated into traditional safe havens such as gold and the dollar.

Consequently, crypto was among the most affected asset classes by Middle East tensions. The overall crypto market cap was down 2.7%, while Bitcoin (BTC) was down 2.19%, falling to $105k. Major altcoins like Ethereum (ETH) and Solana (SOL) were hit even harder, dropping 7.1% and 7.45% respectively.

Fears of a war between Iran and Israel contributed to surging oil prices. Crude oil was up 14% at one point, to a high of $79 per barrel. Iran sits at the Persian Gulf, a critical region for global oil production, close to some of the world’s largest oil producers.

Rising oil prices are also fueling renewed inflation fears. This comes at a time when U.S. tariffs on major trading partners are expected to add additional inflationary pressure. The growing uncertainty may reduce the likelihood of interest rate cuts by the Federal Reserve, a negative signal for both tech and crypto markets.



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Dow drops 115 points as S&P 500’s six-day rally ends
NFT Gaming

Dow, Nasdaq up 0.24%, S&P gains 0.38% on rate cut expectation

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U.S. stocks gained on Thursday as investors weighed soft inflation data and growing expectations of a Federal Reserve rate cut, with strong tech earnings helping offset trade uncertainty and sector-specific losses.

The S&P 500 rose 0.38% to close at 6,045.26, led by a rally in large-cap tech stocks. The benchmark index now sits less than 2% below its all-time high. The Nasdaq Composite added 0.24%, while the Dow Jones Industrial Average climbed 101.85 points, or 0.24%, to 42,967.62.

Oracle was the day’s standout performer, surging 13% after reporting better-than-expected quarterly results and projecting over 70% growth in cloud infrastructure revenue next year, fueled by rising AI demand. 

The strong report lifted the broader tech sector and helped drive market gains.

The rally came despite a 4.8% drop in Boeing shares, which weighed on the Dow after one of its 787 Dreamliners crashed in India. Still, investor sentiment held up amid easing Treasury yields and softer economic data that pointed to potential Fed policy easing.

Rate cut expectations increasing

Expectations for a rate cut later this year have grown as investors interpret the weaker inflation and labor data as giving the Fed more room to ease without stoking price pressures.

The May producer price index rose just 0.1%, below expectations, while jobless claims showed signs of labor market softening. The data, combined with strong demand at a Treasury auction, sent yields lower, with the 10-year note dipping below 4.4%.

Trade tensions remained in focus as President Trump reiterated plans to send tariff warning letters to dozens of countries, though he signaled progress with China and other key partners. Despite ongoing uncertainty, investors appear cautiously optimistic.



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Dow drops 115 points as S&P 500’s six-day rally ends
Crypto Trends

Dow Jones inches up, S&P 500, Nasdaq gain as Trump pressures Fed

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U.S. stocks climbed higher as softer inflation data improved the prospects of a Fed rate cut.

U.S. stock indices erased early morning losses on hopes that a lower consumer price index reading might contribute to monetary easing. On Tuesday, June 12, the Dow Jones was up 0.17%, or 70 points, while the S&P 500 and the Nasdaq both gained 0.35%.

Dow Jones Industrial Average heatmap | Source: TipRanks

Low inflation data is still influencing trader sentiment, with many anticipating potential rate cuts following last month’s soft CPI figures. Still, the Federal Reserve has remained hesitant to lower rates, citing the potential inflationary effects of U.S. tariffs on major trading partners.

This hesitation has been met with continued pressure from the White House. On Thursday, U.S. President Donald Trump reiterated that the Federal Reserve should cut rates by one point. While he clarified that he would not seek to fire Fed Chair Jerome Powell, he noted he might have to “force something” on rates.

Boeing loses 4.5%, Oracle hits ATH

Dow Jones was weighed down by Boeing stock, which saw a significant decline after the deadly Dreamliner crash in India. Shares of the aircraft manufacturer were down 4.5%, as the latest crash compounded recent scandals involving the company.

In 2024, the company faced a series of scandals, all starting with one plane that had its door ripped in mid-air. This led to whistleblowers exposing corner-cutting when it comes to safety, as well as attempted coverups.

On the other hand, Oracle stock jumped 14% to an all-time high after its earnings beat Wall Street expectations. The firm revised its expected revenue for 2026 to $67 billion, up from the previous estimate of $66 billion.

The reason for the revised forecast is the expected growing demand for its AI-powered cloud services. The revenue from its cloud service rose 14% quarterly, largely due to the built-in and integrated AI services the company provides.



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US markets close green as Trump tariff drama muddies outlook
GameFi Guides

Dow Jones gains 105 points as U.S.-China trade talks continue in London

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U.S. stocks held steady Tuesday as a second day of trade talks between the U.S. and China got underway in London. 

The Dow Jones Industrial Average gained 0.25%, or 105.11 points whille the S&P 500 gained 0.55%. The Nasdaq index outperformed with a 0.63% gain and is now approximately 285 points away from reclaiming the 20,000 leve.

Commerce Secretary Howard Lutnick described U.S. – China trade negotiations as going “really, really well,” suggesting a resolution may be close. Export controls remain central to discussions. U.S. officials are seeking Beijing’s release of rare earth materials, while China is pressing for eased access to American semiconductors.

Still, the mood was cautious on Wall Street, where investors are watching closely for signs of a breakthrough. Chinese markets, meanwhile, showed renewed volatility, with a sudden dip in equities early Tuesday reflecting investor nerves.

Markets have been sensitive to signals from the talks. Despite optimism from officials, President Trump warned Monday that “China’s not easy,” tempering expectations.

U.S. small-business sentiment

On the economic front, a survey from the National Federation of Independent Business showed a modest rebound in U.S. small-business sentiment in May, the first uptick since September. 

The improvement was linked to easing tariff concerns and anticipation around Trump’s tax-and-spending bill, though some firms remained wary about the broader outlook.

The World Bank, however, lowered its U.S. growth forecast to 1.4% for 2025, citing ongoing trade uncertainty.

Elsewhere, Blackstone announced plans to invest up to $500 billion in Europe over the next decade, citing expectations of accelerating growth in the region.

Investors are also bracing for Wednesday’s release of the May Consumer Price Index report, which could reshape expectations for inflation and future Fed policy. Analysts anticipate an uptick in price pressures.



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Dow Jones, Nasdaq, S&P 500 down, retailers are split on tariff impact
Crypto Trends

Dow Jones up on U.S.-China trade talks, Tesla surges

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U.S. stock indices were up amid renewed trade talks between the U.S. and China, while Tesla stock gained.

U.S. stocks trended up as encouraging news on trade trickled to the public. On Tuesday, the Dow Jones Industrial Average was up 110 points or 0.26%, while the S&P 500 was up 0.41%. Meanwhile, the tech-heavy Nasdaq was up 0.38%.

Traders are keeping a close eye on trade talks between the U.S. and China, currently taking place in London. The biggest issues the teams tackled was U.S. access to Chinese rare earth minerals, as well as China’s access to advanced computer chips.

Dow Jones Industrial Average heat map | Source: TipRanks

China suggested it was willing to ease restrictions on some companies that need rare earth minerals. However, the country is still not prepared to relinquish control completely. Despite this, Trump suggested that he was getting “good reports” from the talks, but also cautioned that “China is not easy” to negotiate with.

At the same time, the U.S. and India made substantial progress in their trade negotiations. According to sources from the Indian government, the two countries had a productive discussion, focusing on industrial and some agricultural goods.

Tesla recovers on robotaxi announcement

Stocks of Tesla were up 3.25% as the public feud between its CEO, Elon Musk, and U.S. President Donald Trump cooled off. Notably, on June 10, Trump made some conciliatory comments toward Musk and stated that he was open to talking to the tech CEO again.

At the same time, traders focused on new developments in its robotaxi business. Tesla received a license to operate autonomous vehicles in the state of Texas, with tests scheduled to begin on June 12 in Austin. Still, some analysts are skeptical about whether Musk can deliver on his promises of fully autonomous, non-manned vehicles.



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