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Aug 25 2022
Here are the most important news items that investors need to start their trading day:
1. Stocks seek new winning streak
Stock futures pointed to a higher open Thursday following a positive Wednesday for all three major U.S. indexes. Markets are looking to get back on track heading into September after the summer rally lost some momentum this month. Investors are eager for clues on what the Federal Reserve will do at its meeting next month in its fight against inflation. A couple of days of remarks from Fed speakers at Jackson Hole, Wyoming, starting Thursday, could well scratch that itch. Fed Chair Jerome Powell is slated to talk Friday.