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Traders appeared more certain that the Federal Reserve will cut interest rates at its monetary-policy meeting next month as Fed Chair Jerome Powell delivered remarks Friday at the annual Jackson Hole Economic Policy Symposium in Wyoming.
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Dow futures rise as Wall Street awaits Powell’s Jackson Hole speech, with clues on September rate cuts in focus.
Stocks surged Friday as investors breathed a huge sigh of relief after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut.
U.S. stock index futures edged higher on Friday, recovering slightly from the previous session's losses as investors awaited Federal Reserve Chair Jerome Powell's address at the Jackson Hole Symposium for clues on the interest-rate path.
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Central Illinois Proud on MSNFed Chair Jerome Powell to give Jackson Hole speech as traders await cues on US monetary policy
Wall Street pointed modestly higher before the bell Friday as markets tried to snap a weeklong losing streak ahead of widely anticipated speech by Federal Reserve Chair Jerome Powell.
Futures for the main stock indexes were mostly pointing down after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple,
Federal Reserve Chair Jerome Powell said Friday the central bank faces “significant uncertainty” as it attempts to navigate the impact of President Trump’s policies, suggesting the bank could cut rates as the job market weakens.
Dow futures slipped slightly on Wednesday as investors adopted a cautious stance ahead of Federal Reserve Chair Jerome Powell’s upcoming remarks at the Jackson Hole Symposium.
U.S. stock index futures edged lower on Thursday, as investors analyzed big-box retailer Walmart's quarterly results for clues about the health of the American consumer, ahead of the Federal Reserve's three-day conference in Jackson Hole.