Dow Jones, S&P 500, Nasdaq: "Nvidia keeps the party going. But the music is now playing in Jackson Hole" - Wall Street trading mixed
The markets are taking Nvidia's figures as a positive signal for the chip industry and are buying in. Meanwhile, the important central bank meeting for US monetary policy is getting underway in Jackson Hole.
US stock market indexes show little change ahead of a key event in Jackson Hole. The Dow Jones remains steady at 53,464 points, while the S&P 500 and Nasdaq see slight gains, rising 0.4% to 7,711 points and 1% to 26,426 points, respectively. The focus is on the Federal Reserve's annual symposium in Jackson Hole, where Fed Chair Kevin Warsh will deliver a speech on Friday, amid high inflation and a cooling labour market.
The number of initial jobless claims in the US fell to 203,000 last week, beating economists' expectations.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- Dow Jones, S&P 500, Nasdaq: "Nvidia keeps the party going. But the music is now playing in Jackson Hole" - Wall Street trading mixed handelsblatt.com
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