Wall Street, Jackson Hole and Jerome Powell
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Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
Wall Street held near its record heights on Monday, ahead of a week likely to be dominated by updates from the head of the Federal Reserve and from some of the biggest U.S. retailers.
11hon MSN
Dow at record highs, S&P 500 and Nasdaq slip — Wall Street rally faces Fed test and global tensions
U.S. stock market is showing a sharp split today. The Dow Jones Industrial Average climbed to fresh record highs, but the S&P 500 and Nasdaq pulled back as big tech stocks came under pressure. Traders are weighing Wall Street’s next move ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole speech and a tense global political backdrop that could shape the fate of the current rally.
Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Making Headlines This Week. On August 15, Bloomberg reported that the Trump administration is engaged in talks with Intel Corp. to have the US government take a stake in the company.
18h
InvestorsHub on MSNDow Jones, S&P, Nasdaq, Wall Street Futures, Trump-Zelensky Meeting Looms, Fed Rate Outlook Captures Investor Attention
U.S. stock futures showed little movement ahead of a critical Washington meeting between President Donald Trump and Ukrainian President Volodymyr Zelensky. Investors are also watching the Federal Reserve closely,
The Dow fell 204.57 points or 0.5 percent to 44,632.99, the Nasdaq declined 80.29 points or 0.4 percent to 21,098.29 and the S&P 500 dipped 18.91 points or 0.3 percent to 6,370.86.
Tesla, Inc. (NASDAQ:TSLA) is one the Buzzing AI Stocks on Wall Street. On August 15, Bank of America reiterated the stock as “Neutral” stating that the company is making “strides” in expanding its robotaxi network.
14h
InvestorsHub on MSNDow Jones, S&P, Nasdaq, Wall Street SFutures et for Slight Pullback After Back-to-Back Gains
Futures for major U.S. indexes suggest a slightly lower open on Monday, following two strong weeks that pushed the Nasdaq and S&P 500 to record levels. Traders may use the session to take profits after the recent rally.
Meanwhile, the Nasdaq Composite climbed 0.61% to settle at 21,020.02, its first-ever close above 21,000, as quoted on CNBC.