Jackson Hole, Jerome Powell and S&P 500
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Focus on Jackson Hole meeting
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The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday.
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Legit on MSNAsia: Markets tick up as investors eye Jackson Hole meeting
ASIAN markets were mostly up Friday morning ahead of a pivotal speech by the US central bank chief, expected to shed light on possible interest rate cuts in the world’s top economy. Read more at The Business Times.
Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
India's equity benchmarks are set to open little changed on Thursday, following a five-session rally driven by tax-cut hopes, as investors await the Federal Reserve's annual symposium for rate trajectory cues.
Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.