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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.
At the end of the week, investors look forward to Powell's speech at the annual Jackson Hole Economic Symposium.
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,
U.S. stock futures were slightly below the flatline on Thursday following Wednesday's mixed close. Futures were lower.
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.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market looks ahead to the Federal Reserve's Jackson Hole Symposium.
The week's latest tech shakeout, with heavy losses for high flyers such as Nvidia and Palantir, comes as the sector's price-to-earnings ratio recently reached about 30 times expected earnings for the next 12 months, its highest level in a year, and tech's share of overall S&P 500 market value is close to its highest since 2000.
Federal Reserve Vice Chair for Supervision Michelle Bowman stuck to her guns about cutting interest rates Tuesday, saying she hadn’t changed her opinion after dissenting from the rest of the Fed
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InvestorsHub on MSNDow Jones, S&P, Nasdaq, Wall Street Futures, Volatile Trading Expected Ahead of Fed Minutes and Powell Speech
U.S. stock futures indicate a mostly flat start on Tuesday, suggesting that markets may continue the muted performance seen in Monday’s session. Investors are likely to remain cautious ahead of several significant economic events later this week,
U.S. stock index futures edged lower on Thursday, as investors analyzed big-box retailer Walmart's quarterly results for clues about the health of the American consumer, ahead of the Federal Reserve's three-day conference in Jackson Hole.