Wall Street opens subdued ahead of Warsh's speech
[NEW YORK] Wall Street’s main indexes opened muted open on Friday (Aug 28), as an AI-fuelled rally fizzled out ahead of Federal...
Wall Street's main indexes opened subdued on Friday as an AI-fueled rally came to an end ahead of Federal Reserve Chair Kevin Warsh's anticipated Jackson Hole speech. The Dow Jones Industrial Average rose 42.5 points, or 0.08 percent, to 53,611.94 at the opening bell. The S&P 500 gained 4.2 points, or 0.05 percent, to 7,735.17, while the Nasdaq Composite slipped 25.4 points, or 0.10 percent, to 26,515.989.
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