Wall Street Stays Steady as Investors Await Key Economic Updates

Reported 1 day ago

Wall Street's main indexes ended nearly unchanged as investors prepared for upcoming earnings reports from major retailers and awaited the Federal Reserve's symposium in Jackson Hole. Significant discussions about the economy, particularly regarding inflation and employment trends, are expected from Fed Chair Jerome Powell's speech. Despite a recent strong rally, investors are cautious with mixed signals from economic indicators, including a drop in the housing market index and fluctuating retail sales sentiments.

Source: YAHOO

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