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Downward Movements – Sigma Designs Inc. (NASDAQ:SIGM), Nordstrom, Inc. (NYSE:JWN), Strategic Hotels and Resorts Inc. (NYSE:BEE)

The Dow Jones industrial average fell 59.33 points, or 0.36 percent, to 16,271.07. The S&P 500 slid 11.21 points, or 0.57 percent, to 1,941.08 and the Nasdaq Composite lost 32.12 points, or 0.67 percent, to 4,764.13. Wall Street’s most influential voice in oil trading, Goldman Sachs, slashed its 2016 forecast…

Downtrend of Stocks – Cypress Semiconductor Corporation (NASDAQ:CY), Kohl’s Corporation (NYSE:KSS), PNC Financial Services Group Inc. (NYSE:PNC)

Wall Street closed the holiday-shortened week with gains, but the week ahead looks to be a rockier road. The Federal Reserve’s September meeting will begin on Wednesday, culminating in a press conference — and possible interest rate hike — on Thursday afternoon. An increase in rates would mark the first…