Market is cautiously optimistic as Dow Jones hits record high, awaiting Powell speech and jobs report.

From Google: 2024-09-27 17:31:00

The stock market was mixed as the Dow Jones hit a record high. Federal Reserve Chairman Jerome Powell’s speech and the upcoming jobs report are next on investors’ radar. This follows a week where the S&P 500 and Nasdaq hit all-time highs. Powell’s remarks will be closely watched for any guidance on monetary policy. Job growth will also be a key focus, as a strong report could impact the Fed’s decisions on interest rates. Overall, the market is cautiously optimistic as it waits for more data and insight from Powell.



Read more at Google: Stock Market Mixed As Dow Jones Hits Record; Powell Speech, Jobs Report Next – Investor’s Business Daily