Stocks close lower as markets prepare for Powell’s Jackson Hole speech
Chairman of the US Federal Reserve, Jerome Powell.Kent Nishimura/Getty Images Indices fell on Thursday as investors in Jackson Hole await comments from Fed Chairman Jerome Powell. Investors are eagerly awaiting indications of how drastic the cuts will be over the…
Stocks rise on average jobless claims: Market overview
(Bloomberg) — Stocks rose after the latest unemployment data showed that the labor market is cooling gradually rather than slowing rapidly due to the Federal Reserve’s increased interest rates. Most read by Bloomberg Ahead of Jerome Powell’s speech in Jackson…
Stocks rise as traders wait for Jackson Hole and payroll adjustment sets interest rate bets
Federal Reserve Governor Jerome Powell attends the Federal Reserve Bank of Kansas City’s annual Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming.Thomson Reuters Stocks closed higher on Wednesday as traders absorbed jobs data and awaited the start of the…
Stocks rise as data shows US economy holding up: Markets Wrap
(Bloomberg) — Stocks rose and bond prices tumbled as data on retail sales and the jobs market underscored the strength of the world’s largest economy and eased fears that the Federal Reserve might risk a deeper economic slowdown. Most read…
