Dow Futures Tick Up Ahead of Powell's Jackson Hole Speech
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US stock futures wavered just above the flatline as Wall Street readied for the main event of the week: Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium in Wyoming.
Follow along to what could be a pivotal day in markets with all eyes trained on Jackson Hole, Wyo.
Nasdaq, Dow, and S&P 500 fell on Thursday, as Walmart (WMT) weighed on markets, while investors continued to await Federal Reserve Chair Jerome Powell's speech at Jackson Hole on Friday. S&P 500 (SP500) -0.
Stocks often rise the week of the Fed’s big Jackson Hole gathering. Don’t count on it this year.
The Dow was flat, while the S&P 500 and Nasdaq were down. The tech selloff extended a second day, although markets shrugged off the latest Federal Reserve minutes.
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
The stock's fall snapped a three-day winning streak.
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