Dow Futures Hover Ahead of Powell's Jackson Hole Speech
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Investor's Business Daily on MSNDow Jones Futures Await Fed Chief Powell; Nvidia Said To Halt AI Chip
The market indexes and leading stocks are at a key juncture heading into Fed chief Jerome Powell's Jackson Hole speech Friday morning. Nvidia reportedly ordered a halt to H20 output.
U.S. stock futures were barely changed Thursday in Europe after lingering concerns about the AI-fueled boom knocked the tech sector again in Wednesday’s session. Fed Chair Jerome Powell, under pressure to cut rates in September,
U.S. stock-index futures remained lower after data showed first-time jobless claims last week rose to 235,000, up from 224,000 the previous week and above economist expectations for 225,000.
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,
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 stock futures decreased amidst concerns over disappointing retail earnings and anticipation for insights from the Federal Reserve. Target shares plummeted while Lowe's rose. Tech stocks also saw declines as investors reassess valuations ahead of crucial Fed meeting minutes.
Stock index futures were muted on Thursday, a day after Wall Street ended mostly lower as investors continued to await Federal Reserve Chair Jerome Powell's speech at Jackson Hole on Friday. S&P 500 futures (SPX) were unchanged,
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.