Major Indices Hold Gains Amid Anticipation of Fed Remarks and AMD Acquisition

Reported about 2 months ago

The S&P 500, Nasdaq, and Dow are maintaining last week's gains as investors await comments from Fed Chair Jerome Powell at the upcoming Jackson Hole meeting. In the tech sector, Advanced Micro Devices (AMD) is making headlines with its $4.9 billion acquisition of ZT Systems, fueling its stock rise. The Democratic National Convention is also set to begin, featuring President Biden and Vice President Kamala Harris.

Source: YAHOO

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