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Stocks Extend Gains
The Wall Street Journal28d agoneutral
Stocks Extend Gains

Major indexes have extended gains since Fed Charmain Kevin Warsh concluded his speech. A more hawkish outlook from the central bank leader isn't bothering stock investors. "The market seems to be reacting exactly the way the Fed wants, short term rates are higher while long term rates are marginally lower following his comments," said Larry Holzenthaler, senior portfolio manager at Catalyst Funds.

Stocks Are Picking Up Steam Despite Rising Rate-Hike Odds
Barrons.com28d agoneutral
Stocks Are Picking Up Steam Despite Rising Rate-Hike Odds

The stock market picked up steam even as odds of a September interest-rate hike rose in the wake of Kevin Warsh's hawkish remarks. The Nasdaq Composite gained 0.5%. Warsh's first speech at Jackson Hole since taking over as Fed chair had traders upping bets on a September rate hike.

Stocks Whipsaw as Warsh Speaks
Barrons.com28d agoneutral
Stocks Whipsaw as Warsh Speaks

Stocks were struggling to find direction on Friday after Kevin Warsh began his Jackson Hole speech. The Nasdaq Composite was down 0.2%. The tone of Warsh's speech was more hawkish than his prior comments since taking over as chairman.

What Warsh Might (or Might Not) Say in Jackson Hole Today
The Wall Street Journal28d agoneutral
What Warsh Might (or Might Not) Say in Jackson Hole Today

How much will Kevin Warsh say in Jackson Hole today? Today marks his first major address since then, but some market watchers are skeptical the tight-lipped chairman will tip his hands on rates. “The irony is that he now faces pressure to communicate more clearly to address questions around the Fed’s credibility,” wrote Hetal Mehta, chief economist at the British wealth manager St. James’s Place.

Stocks Mixed Ahead of Fed Chair Warsh
Barchart28d agoneutral
Stocks Mixed Ahead of Fed Chair Warsh

The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.18%. E-mini S&P futures (ESU26 ) are up +0.10%, and September E-mini...

Warsh’s Less Communicative Stance Means an Unpredictable Day for Markets
The Wall Street Journal28d agoneutral
Warsh’s Less Communicative Stance Means an Unpredictable Day for Markets

Investors will be hanging on just about every word Federal Reserve Chairman Kevin Warsh has to offer today on inflation and interest rates at the Fed’s annual conference in Jackson Hole, Wyo. Warsh might break from his predecessors on this approach, given his preference that the Fed communicate less. In recent years, stock performance has been all over the map on Jackson Hole days.

Dow Rises Ahead of Warsh's Big Speech
Barrons.com28d agoneutral
Dow Rises Ahead of Warsh's Big Speech

Stocks weren’t moving much at the open on Friday, as Wall Street awaited Kevin Warsh’s looming Jackson Hole speech. The Dow Jones Industrial Average rose 150 points, or 0.3%. The Nasdaq Composite was down 0.1%.

Treasury Rally May Extend After Jackson Hole
Barrons.com28d agobullish
Treasury Rally May Extend After Jackson Hole

Treasuries have rallied heading into Kevin Warsh's first Jackson Hole speech as Fed chairman. The bond market typically sells off in the lead-up to the Fed's annual economic policy symposium in Jackson Hole, Wyoming. From 2011 to 2025, 10-year Treasury yields rose 5 basis points or 0.05 percentage points, on average, in the week prior to Jackson Hole, according to Vail Hartman, U.S. rates strategist at BMO.

Fed Credibility Is On The Line In Warsh Jackson Hole Speech (Live Coverage)
Investor's Business Daily28d agobearish
Fed Credibility Is On The Line In Warsh Jackson Hole Speech (Live Coverage)

The speech gives Warsha chance make up for his July 29 news conference that sent long-term Treasury yields jumping amid doubts about his determination to rein in inflation. S&P 500 futures are slightly lower and the 10-year Treasury yield modestly higher ahead of the big speech. The developments since July 29 have only raised the stakes for Warsh's talk.

Futures trading points to a sluggish day on Wall Street
Proactive28d agoneutral
Futures trading points to a sluggish day on Wall Street

Ding, dong: Ahead of the bell Wall Street is watching Wyoming this morning. US stock futures idled on Friday, with traders in no mood for big bets ahead of Federal Reserve chair Kevin Warsh's speech at the Jackson Hole symposium. Dow and S&P 500 futures hovered near flat, while the...