US Markets Mixed - Trump Attacks Fed Governor - US Federal Reserve Divided - Google Launches AI Product Offensive - PlayStation 5 Prices Increase - McDonald's Menus Cheaper - Amazon Adopts Android - Hertz Sells Cars via Amazon - Analog Devices Posts Strong Numbers - Target Down - TJX Raises Annual Forecast - Lowe's $8.8 Billion Acquisition - Estée Lauder Under Pressure
Reading Time: 9 minutes
On Wednesday, August 20, 2025, the major US stock indices closed mixed. The Nasdaq Composite lost about 0.7% and thereby significantly slipped for the second consecutive time, the S&P 500 dipped slightly by around 0.2%, while the Dow Jones remained nearly unchanged, marginally gaining 0.04%. Nervousness prevailed in the financial markets ahead of Fed Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium. Market participants were eagerly awaiting hints regarding monetary policy after the Fed's July meeting minutes revealed a...
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