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Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
Penny stock selloffs fuel concerns over pump-and-dump scams. Google agrees to $36 million fine over anti-competitive deals with Australian telcos. Air Canada cabin crew defy back-to-work.
Live Updates Live Coverage Has Ended Monday Wrap-up 4:11 pm The Vanguard S&P 500 ETF closed at 591.36 Monday, down 0.04%. BREAKING NEWS: INTEL 12:32 pm Bloomberg just reported — literal seconds ago — that the Trump Administration is discussing taking a 10% stake in Intel (Nasdaq: INTC).
Wall Street is holding near its records. The S&P 500 was basically flat Monday, coming off its first loss after setting an all-time high in three consecutive days. The Dow
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Wall Street opens largely flat as traders eye Powell's Jackson Hole speech, retail earnings
All eyes on Powell's Jackson Hole speech this week. Discover key insights on interest rates, retail earnings, and market trends.
Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.
Wall Street also got a boost from easing yields in the bond market. The S&P 500 jumped 1.1%. The Dow Jones Industrial Average added 383 points, or 0.9%, and the Nasdaq composite rose 1.4%.
Wall Street's main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the Federal Reserve's annual symposium in Jackson Hole.
The stock-market rally is forcing Wall Street’s top strategists to adjust their outlooks — again. But for everyday investors, the rush of optimism might be more danger than guide.