For: August 28, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed higher on Wall Street yesterday. At the closing bell, the Dow Jones Industrial Average gained 147 points to 45-565. The S&P 500 saw a record close, rising 15 points to 64-81. The Nasdaq gained 45 points to 21-590.
>>Coming Up Today
(Undated) -- The weekly look at first-time jobless claims is due out today. Most analysts expect a slight drop from 235-thousand to 230-thousand initial requests for unemployment benefits last week. Also on the calendar is a look at the first GDP revision and pending home sales. The week wraps up Friday with the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures Index.
>>Nvidia Shares Fall After Earnings Beat Expectations
(New York, NY) -- Nvidia has been taking a hit ahead of the market open. Shares were down over three percent in extended trading, even after the chipmaker posted results that topped Wall Street forecasts. The drop could be tied to Nvidia's data-center segment which came in slightly lower than expected.
>>Costco No Longer Dispensing Abortion Medication
(Issaquah, WA) -- Costco will stop dispensing abortion medication at its pharmacies. The Alliance Defending Freedom and other anti-abortion groups sent letters to Costco, Walmart, Kroger, and others urging them to "resist politicized calls" to start dispensing mifepristone. Most pharmacy chains, including CVS and Walgreens, haven't stopped dispensing the drug in states where abortion is legal. The FDA has also not taken steps to change how the drug can be accessed under its Risk Evaluation and Mitigation Strategies.
>>Apple Announces September Date For iPhone-17 Rollout
(Cupertino, CA) -- Apple will hold its iPhone-17 event on September 9th. One of the versions of the 17 is anticipated to be the thinnest iPhone ever. Apple is also expected to announce updated versions of the Apple Watch Series 11, Ultra 3, and SE 3. An AirPods update could also be included at the event.
>>Boeing Defense Puts Off Strike Talks Until After Labor Day
(St. Louis, MO) -- Boeing Defense Company is putting off contract talks with striking machinists until after Labor Day. About 32-hundred members of the International Association of Machinists and Aerospace Workers went on strike at facilities in the St. Louis area on August 4th after rejecting the company's four-year contract offer. The congressional Labor Caucus has been urging Boeing to resume talks, and responded on X by saying it's time for the workers to receive the strong contract they deserve.
>>Ford F-150s Recalled Over Rear Axle Hubs
(Dearborn, MI) -- Ford is recalling more than 100-thousand F-150 pickup trucks. The National Highway Traffic Safety Administration says the rear axle hub bolt may "fatigue and break," which can result in an increased risk of crashes. Dealers are expected to replace the left and right rear axle shaft assemblies, free of charge.
