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The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint ...
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Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly ...
Walmart slid more than 4% despite topping sales expectations in its latest quarter, after the retail giant posted a rare earnings miss—its first since May 2022.
This article will be updated throughout the day, so check back often for more daily updates. President Trump is pressuring a second member of the Federal Reserve Board of Governors to resign, and it ...
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Wall Street ticks lower as investors await Powell's speech
Wall Street's attention will turn to Jackson Hole, Wyoming, on Friday, when Fed Chair Jerome Powell will speak to an annual ...
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five ...
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...
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