Weekly market report:
đ·Mon: Fedâs Waller Speech; $PANW Earnings
đ· Tues: $LOW $TOL $XPEV Earnings
đ· Wed: Fed Minutes; $TGT $M $TJX $SNOW $ZM Earnings
đ· Thurs: Jobless Claims, Mfg., Services PMIs, Existing Home Sales; Jackson Hole; $BIDU $CAVA $ROST Earnings
đ· Fri: New Home Sales; Jackson Hole, Fed Chair Powell Speech
đ¶Stocks posted small moves after last weekâs risk-on rally as traders await signs on the scope of potential interest-rate cuts from the Federal Reserve.
đ¶ Contracts on the S&P 500 were little changed. Advanced Micro Devices Inc. shares rose in premarket trading after an acquisition that give it data center technology.
đ¶ Traders are starting the week on a cautious footing after recovering risk appetite last week left the S&P 500 close to a record high. After the
đ¶ Aug. 5 swoon, some buyers are re-emerging to help the main US stock gauge recoup more than half its summer losses.
đ¶The key event is slated for Friday, when Fed Chair Jerome Powell is expected to give fresh insights on the course of US monetary policy at the central bankâs Jackson Hole economic symposium in Wyoming.
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