Dow Futures Tick Up Ahead of Powell's Jackson Hole Speech
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Follow along to what could be a pivotal day in markets with all eyes trained on Jackson Hole, Wyo.
US stock futures pushed higher on Friday as Wall Street counted down to Federal Reserve Chair Jerome Powell's highly anticipated speech at Jackson Hole. The S&P 500 (^GSPC) is currently seeing a five-day losing streak as tech stocks got beaten up by AI ...
It's a sharp contrast with the tariff-fueled turmoil of earlier this year. Away from tech, markets have been exceedingly serene of late, with the Dow industrials moving less than 0.1% in either direction for five straight sessions.
Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.
An early rally faded on Friday and the Dow just missed out on closing at its first record high of the year. US stocks were mixed on Friday. The Dow closed higher by 35 points, or 0.08%. Meanwhile, the S&P 500 fell 0.
The Dow Jones Industrial Average reached a new intraday high of 45,207.39 on Tuesday, surpassing its previous intraday high of 45,203.52 achieved last Friday. The Dow has been drifting in and out of record territory for the past few trading days,
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 blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.
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Investor's Business Daily on MSNDow Jones Futures Rise Ahead Of Fed Chief Powell; Nvidia Said To Halt AI Chip
Dow Jones futures rose slightly Friday morning, along with S&P 500 futures and Nasdaq futures, with investors awaiting Fed chief Jerome Powell's Jackson Hole speech. Nvidia, Google and Meta Platforms were in focus overnight.