Market Report - US Close

US close: Stocks pull back ahead of Jackson Hole event

By Benjamin Chiou

Date: Thursday 22 Aug 2024

(Sharecast News) - US stocks declined on Thursday as risk appetite was scaled back ahead of Federal Reserve chair Jerome Powell's hotly anticipated speech at the Jackson Hole economic symposium in Wyoming.
The Dow fell 0.4%, the S&P 500 dropped 0.9% while the Nasdaq tanked 1.7%, with investors taking profits following...

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