Wall Street set for lower open with Fed meet in focus
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Wall Street today: Dow, Nasdaq, S&P drop as investors exercise caution ahead of the US Fed's Jackson Hole meeting. At 9:30 a.m. (EDT), The Dow Jones Industrial Average fell 0.29% to 44,808.21 points. The S&P 500 dropped 0.23% to open at 6,380.83 points ...
U.S. stocks are slipping again on Thursday, this time after the country’s largest retailer delivered a profit that came up short of Wall Street’s expectations.
Wall Street was lower on Wednesday, as investors digested more retail earnings and await the Federal Reserve's latest meeting minutes.
The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home to big policy announcements from the Fed in the past, and the hope on Wall Street is that Powell will hint that an interest rate cut is coming soon.
The day’s action again centered around stocks caught up in the mania around artificial-intelligence technology.
Wall Street is edging further from its records. NEW YORK (AP) — Wall Street is edging lower on Tuesday following drops for Palantir and other stars that had been riding the mania surrounding artificial-intelligence technology.