Border wall getting painted black, per Trump’s request
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Wall Street holds steadier following mixed profit reports from Target, Lowe’s and other retailers
The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home to big policy announcements from the Fed in the past, and the hope on Wall Street is that Powell will hint that an interest rate cut is coming soon.
Investors continue to price in a 0.25% cut from the Federal Reserve next month, although they have lowered their expectations about that.
Wall Street's main indexes were subdued at the open on Wednesday as investors assessed uneven earnings from retailers such as Target and Lowe's for clues on consumer spending ahead of a Federal Reserve symposium later this week.
This spot also features one of the few indoor curling arenas in the state, along with ax throwing, football bowling and archery.
Asian shares have retreated, tracking a decline on Wall Street led by technology shares including Nvidia and other stars that have been riding the mania surrounding artificial-intelligence.
John Wall’s Most Iconic Moments, Ranked originally appeared on Fadeaway World.
Investment banks are pressuring analysts to disclose private equity job offers. Entry-level bankers have plenty of reason to stay mum.
Wall Street faded on Tuesday following drops for Nvidia and other stars that have been riding the mania surrounding artificial intelligence technology.