Dow Futures Hover Ahead of Powell's Jackson Hole Speech
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Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
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.
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 stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO
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.
US markets closed lower on Thursday with the Dow Jones falling 152 points and the Nasdaq declining 72 points, marking its third consecutive day of weakness. The S&P 500 also slipped for the fifth straight session,
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,