Dow Futures Hover Ahead of Powell's Jackson Hole Speech
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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.
The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO
Shares of GE Vernova Inc. slid 3.50% to $603.13 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 44,922.27 and the S&P 500 Index falling 0.
Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.
The Nasdaq Composite extended its slide on Tuesday–and even the Dow Jones Industrial Average was struggling after hitting an intraday record this morning. The tech-heavy index was down 1.5%, while the Dow was down 90 points,
Stocks traded mixed on Friday even as major indexes tallied another strong week. Investors were eyeing a meeting between President Trump and Russian leader Vladimir Putin, among other things.
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 Dow, S&P 500, and Nasdaq are falling. The tech selloff extends a second day and markets shrug off the latest Federal Reserve minutes.
This was the stock's second consecutive day of losses.