Jackson Hole, Powell
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Stock Market Today: Dow edges lower
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Jackson Hole, Dow
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Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and in client accounts. He is an experienced trader and money manager and is the author of “Options as a Strategic Investment.” www.optionstrategist.com.
The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
Bank of America (BofA) is issuing a warning on US equities, saying that a correction in the stock market may be approaching next week.
Friday brings what’s become an annual rite of summer for U.S. financial markets, in the form of Federal Reserve Chair Jerome Powell’s address to monetary-policy mavens in Jackson Hole, Wyo ... a defining moment for the market’s summer story.
STORY: From a central bank shin-dig in Wyoming to inflation data out of Japan, these are the stories to watch in business and finance in the coming week.:: Jackson HoleCentral bankers descend on Jackson Hole,