Wall Street's main indexes opened higher on Monday ahead of Federal Reserve Chair's speech.
Wall Street's main indexes, Dow Jones, S&P 500, and Nasdaq Composite, opened marginally higher on Monday, following a successful week. This comes as investors anticipate Federal Reserve Chair Jerome Powell's speech at Jackson Hole for potential rate-cut signals. The Dow Jones rose 0.03%, S&P 500 increased by 0.05%, and Nasdaq Composite saw a 0.10% uptick at the start of trading.
August 19, 2024
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