U.S. stocks open lower as Home Depot earnings and Jackson Hole meeting take center stage

According to ChainCatcher, citing Jintou, U.S. stocks opened lower on Tuesday as Home Depot's earnings kicked off a series of key retail sector results, while investors also focused on this week's central bank symposium to gauge the future path of interest rates. The S&P 500 opened down 0.1%, the Nasdaq 100 fell 0.5%, and the Dow Jones rose 0.2%. Stephen Schwartz, founding partner of Pioneer Financial, stated that Powell's speech on Friday could mark a turning point for the market and is expected to signal a possible rate cut in September.