Reported about 2 months ago
US stocks are holding steady after a strong week, as investors await a key speech from Fed Chair Jerome Powell at the Jackson Hole symposium. Futures for the S&P 500 and Dow Jones remained flat near record highs, while the Nasdaq 100 slipped slightly. Confidence in the economy's resilience is leading traders to speculate on potential Federal Reserve rate cuts, with a significant chance of a 0.25% reduction projected for the upcoming meeting.
Source: YAHOO