forex cross rate

The S&P 500 opened down 0.93 points, or 0.01%, at 7784.8 on Monday, August 17; the Dow Jones Industrial Average opened down 135.27 points, or 0.25%, at 53597.14 on Monday, August 17; and the Nasdaq Composite opened up 47.27 points, or 0.18%, at 26776.43 on Monday, August 17.

The U.S. Supreme Court rejected Trump's request to hear his appeal against the $5 million ruling in the E. Jean Carroll case.

Nvidia (NVDA.O) rose 0.8% after OpenAI pledged to deploy Nvidia's AI infrastructure at scale by 2030.

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.3%, the S&P 500 nearly flat, and the Nasdaq Composite up 0.2%. Storage-related stocks rose, with Micron Technology (MU.O) up 3.6% and SanDisk (SNDK.O) up 4.5%. Alphabet (GOOG.O) rose 0.2%, with Berkshire Hathaway continuing to increase its stake in Alphabet in the second quarter. Alibaba (BABA.N) rose 1.6% after selling its gaming business for $1.5 billion.

Market news: Alphabet (GOOG.O) plans to raise $3.6 billion in its first Australian bond offering.

Wells Fargo Investment Institute predicts that the Federal Reserve will raise interest rates by 25 basis points in 2027, bringing the benchmark interest rate to the 4.00%-4.25% range, compared to its previous forecast of keeping rates unchanged.