The S&P 500 Index ($SPX) (SPY) today is up +0.57%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.50%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.74%.
US stocks today are moderately higher ahead of a much-anticipated speech by Fed Chair Powell at the Fed’s annual symposium in Jackson Hole, Wyoming. The markets will look to see if Powell validates expectations for a September rate cut and whether he offers any indication of how big any rate cut might be.
