Dow Jones, S&P 500, Nasdaq: "Nvidia keeps the party going. But the music is playing in Jackson Hole" - Wall Street up
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 mostly rose, with Dow Jones up 0.2% to 53,569, S&P 500 up 0.7% to 7,730, and Nasdaq up 1.6% to 26,541. Investors are awaiting the Federal Reserve's annual symposium in Jackson Hole, which begins on Thursday and features a speech by Fed Chair Kevin Warsh on Friday. The event's theme is "Financial Innovation" and Warsh's comments are expected to provide hints about the September interest rate decision.
The number of initial jobless claims in the US fell to 203,000, beating economists' expectations, while inflation remains high.
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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