US Edition
Nasdaq Composite Live: All Eyes Are on Jackson Hole Symposium
Investors await earnings from Walmart, Home Depot, and Target while monitoring Federal Reserve signals at Jackson Hole amid inflation fears and trade uncertainties.
- Jerome Powell, the Chair of the Federal Reserve, will deliver the keynote speech on Friday at the annual Economic Policy Symposium held in Jackson Hole, Wyoming.
- This speech follows recent market rallies driven by expectations of a 25 basis point rate cut in September and strong corporate earnings amid trade tensions.
- Investors are also focusing on earnings reports from major retailers like Walmart, Home Depot, and Target to assess effects of inflation and trade uncertainty on consumers.
- Analyst George Atuan states Walmart's stock trades at historic highs with modest growth and thin margins, while market strategists predict Powell's speech will lean hawkish.
- Powell's remarks may influence market expectations and shape the Federal Reserve's policy outlook amid widespread anticipation of a September interest rate cut.
17 Articles
17 Articles
Nasdaq Composite Live: All Eyes are on Jackson Hole Symposium
Markets are down slightly, taking a breather from a winning streak on hopes for a rate cut in September. At the moment, the Nasdaq is down about 45 points. The Dow is down about 19, with the S&P 500 down about eight points. The Federal Reserve will remain in focus this week, as central bank members meet in Jackson Hole, Wyoming for their annual symposium. Investors will be listening for any clues about the future path of interest rates. As noted…
Wall St opens flat, focus on retail earnings and Jackson Hole summit
(Reuters) - Wall Street's main indexes were subdued at the open on Monday, in a quiet start to a week packed with corporate earnings reports from major retailers and the Federal Reserve's annual symposium in Jackson Hole.
Wall Street Anticipates Earnings Amid Geopolitical and Economic Shifts
U.S. stock index futures hesitated following a recent rally as investors turned their attention to earnings reports from major retailers and a central bank conference in Jackson Hole. Geopolitical developments, including Trump's meetings on Ukraine, influenced the market, alongside expectations of Federal Reserve interest rate decisions.
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