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Today Fundamental Analysis: US Indices Decline Slightly as Investors Await Jackson Hole Summit

August 19, 2025, 07:10
US indices decline slightly as investors await Jackson Hole summit

Stock futures declined slightly Tuesday morning following a quiet start to a pivotal week featuring Fed officials’ speeches and retail earnings. Dow Jones Futures fell 0.08%, while S&P 500 futures and Nasdaq 100 futures fell 0.15% and 0.18% respectively. The S&P 500 ended Monday virtually unchanged, just below last week’s record high.

Investors await more insights from Fed Chair Jerome Powell regarding upcoming central bank policy meetings in September. Global banking officials will gather this week at Jackson Hole, Wyoming. for the Fed’s annual economic symposium.

According to CME’s FedWatch tool, markets currently price an 83% probability of a quarter-point rate cut at September’s Fed meeting.

President Donald Trump met with Ukrainian President Volodymyr Zelenskyy and European leaders at the White House on Monday.  A Putin-Zelenskyy meeting is planned, followed by a trilateral summit including Trump.

In the Forex market, EURUSD fell yesterday as the USD strengthened following the producer price index numbers on Friday. However, the pair continued to trade sideways as markets await more details about the Fed’s next move.

The crypto market continued to struggle as investors remained cautious. Bitcoin fell more than 1% yesterday, bringing the total losses since Thursday to nearly 7%. The cryptocurrency is currently trading at the $115,000 level.

Ethereum prices fell more than 11% since last week when it neared its all-time high. Long liquidations sent prices further down. Ether is currently trading under the $4,300 level and getting closer to an important support level at $4,160

Gold prices fell as the US dollar gained some strength. The precious metal closed slightly lower yesterday at $3,333 and is currently tradign near those levels

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