investorsEn 2022-08-25 21:15:39
157

Positive markets and waiting for Powell's statements in Jackson Hole

#fed #markets #powell #jacksonhole #inflation


Today the S&P closed positive, +1.41%, for the second day in a row, driven by NVDA and other chipmakers.


The Dow Jones advanced +0.98% and the NASDAQ rose +1.7%


Markets are awaiting a statement from the Fed's Jerome Powell at the Jackson Hole Symposium tomorrow.

Powell is expected to continue the hawkish tone to contain inflation, although markets expect to find more details in his statement.



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