Dow, Fed and Stock
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Jerome Powell just concluded his much-anticipated speech at the Jackson Hole economic conference, and the reactions are strong. Holding a very nuanced approach, as we're used to from Powell, markets still interpreted some of his wording as a slightly dovish opening.
U.S. stocks end down, with the Dow off a record high made early with help from Home Depot. Investors look to earnings, Fed conference for direction.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Surges 800 Points With Powell In Focus; Nvidia Fights Back After Early Drop (Live Coverage)
The Dow Jones index rose Friday ahead of Fed Chair Powell's speech. Nvidia stock fell on AI chip news, while Palantir also dropped.
Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's speech on Friday.
Stock futures were slightly lower Monday morning as investors prepare for a slew of retail sector earnings reports in the coming days and a major speech from Federal Reserve Chair Jerome Powell at the end of the week.
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Investor's Business Daily on MSNStock Market Today: Dow Ekes Out Gain; Nasdaq Comes Off Lows While Palantir Retakes Key Level After 15% Plunge
Among the Nasdaq 100 stocks, Analog Devices ADI and Palo Alto Networks PANW rallied 3.7% and 1.6%, respectively, making them some of the best performers at the market open. On the downside, Intel INTC and Micron Technology MU tumbled 4.1% and 3.6%, respectively.
U.S. stocks finished mostly lower on Tuesday, after a selloff in megacap technology names weighed on the three major indexes ahead of the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo.