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- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures trade flat after bruising day for tech
US stock futures traded mostly flat after a bruising day for tech stocks. Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.1%. Futures attached to the benchmark S&P 500 (ES=F) wavered around the flatline. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) held steady. Stocks mostly fell on Tuesday as Palantir (PLTR), AMD (AMD), and Nvidia (NVDA) dragged down the Nasdaq by more than 1%. The drop was the latest sign investor interest in Big Tech is waning as previously lagging sectors are showing signs of new life. Home Depot (HD) also reported earnings, with its stock getting a boost from rising US sales. Two more retail giants, Target (TGT) and Walmart (WMT), are set to report their results on Wednesday and Thursday, respectively. How the group fares will offer a snapshot into how companies and consumers are handing President Trump's tariffs. Walmart's last earnings report took a dramatic turn over trade policy after it warned of price hikes, and Trump responded by telling the company to "eat the tariffs." Read more: The latest on Trump's tariffs The main event for Wall Street this week, however, lands Friday, when Federal Reserve Chair Jerome Powell will deliver remarks at the Jackson Hole symposium in Wyoming. Investors are eager for a sense of where policymakers stand on the question of interest rate cuts after economic data this month showed they face a tricky dilemma between a weakening labor market and stubborn inflation. The release of minutes from the Fed's July's meeting on Wednesday will serve as a curtain-raiser to Powell's speech. Policymakers held interest rates steady at that meeting and stressed no decisions had been made about September, despite Trump suggesting otherwise. Sign in to access your portfolio
Yahoo
15 minutes ago
- Yahoo
Website helps families see school smartphone policies
Gov. Kathy Hochul announced Thursday, Aug. 14 the launch of a website — — that enables New York parents and students to look up their school's plan for implementing bell-to-bell smartphone restrictions this fall. According to a news release from Hochul's office, the website allows New Yorkers to search by district or school name among more than 1,050 public school districts, charter schools and BOCES that have already published their policy for the coming school year — representing about 96% of the about 1,090 total districts and schools covered by the statewide requirement. School administrators across the state are implementing the plans as part of a new law to require bell-to-bell smartphone restrictions in K-12 schools statewide. 'Our kids succeed when they're learning and growing, not clicking and scrolling — and that's why schools across New York will be ready to implement bell-to-bell smartphone restrictions this fall,' Hochul said. 'As we look ahead to the start of the school year, communication is key — and our new online resource is making it easier for parents and students to review their school's plan.' The remaining districts and schools yet to finalize their policies are expected to do so in the coming days at upcoming school board meetings scheduled for August. The state's online resource will continue to be updated when any additional policies are published and submitted, the release stated. The law enacted this year requires bell-to-bell smartphone restrictions in K-12 school districts statewide, starting this fall for the 2025-26 school year. New York's statewide standard includes: • Prohibiting unsanctioned use of smartphones and other internet-enabled personal devices on school grounds in K-12 schools for the entire school day, including classroom time and other settings such as lunch and study hall periods; • Allowing schools to develop their own plans for storing smartphones during the day — giving administrators and teachers the flexibility to do what works best for their buildings and students; • Securing $13.5 million in funding to be made available for schools that need assistance in purchasing storage solutions; • Requiring schools to give parents a way to contact their kids during the day when necessary; • Requiring teachers, parents and students to be consulted in developing the local policy; • Preventing inequitable discipline The policy allows authorized access to simple cellphones without internet capability, as well as internet-enabled devices officially provided by schools for classroom instruction, such as laptops or tablets used as part of lesson plans. Additionally, the policy includes several exemptions to smartphone restrictions, including for students who require access to an internet-enabled device to manage a medical condition, where required by a student's Individualized Education Program, for academic purposes or for other legitimate purposes, such as translation, family caregiving and emergencies, according to the release. Solve the daily Crossword
Yahoo
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- Yahoo
Trump claims Powell 'hurting' the housing industry in latest attack on Fed chair
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is "hurting" the housing industry "very badly" and said he should cut interest rates. Trump has repeatedly urged Powell to cut interest rates while also sharply criticizing Powell. "Could somebody please inform Jerome "Too Late" Powell that he is hurting the Housing Industry, very badly? People can't get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut," Trump wrote on Truth Social. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
