CashNews.co
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) snapped their eight-day win streak after closing Tuesday’s session in negative territory. Stocks moved lower as volatility (^VIX) ticked higher ahead of the Jackson Hole Economic Symposium, where Federal Reserve Chair Jerome Powell will speak on the direction of interest rates on Friday.
Julie Hyman and Alexandra Canal recap the day’s market action, including activity seen in Treasury yields, gold prices (GC=F), and tech leaders in the Nasdaq 100 (^NDX).
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Luke Carberry Mogan.
#cashnews #UnitedStates #newsfinace #finance #FollowsCashnews