Dow futures jumped more than 150 points today as investors continued to buy stocks after US stocks rose sharply on Friday. Meanwhile, investors will keep an eye on the Federal Reserve’s (Fed) annual meeting in Jackson Hole on Aug. 26-28.
As of 6:12 p.m. Thai time, the Dow Jones Industrial Average rose 152 points, or 0.43%, to 35,210.
Investors will keep an eye on the Fed’s annual meeting in Jackson Hole, Wyoming, Aug. 26-28, with the theme of this year’s meeting being “Monetary Policy Framework Review.” Sends a clearer signal about the direction of interest rates. as well as the trend of reducing the amount of the bond purchase program following the quantitative easing (QE) measures at the meeting.
Fed Kansas City Branch The organizers of the Fed’s annual meeting in Jackson Hole released a statement confirming that. The meeting on August 26-28 will be changed to a video conference system. Originally scheduled to be a face-to-face meeting by modifying the format of the meeting The goal is to reduce the risk of the spread of the COVID-19 virus.
Blockchain business stocks rebound After bitcoin surged past technical resistance at $50,000 today, Coinbase was up 3.57%, Riot Blockchain was up 5.51%, Marathon Digital was up 5.5%.
For the US economic data scheduled to be released tonight are: Nationwide economic activity index for July Chicago Fed, Purchasing Managers Index (PMI) Aug. August from Markit and second-hand home sales in July
By InfoQuest News Agency (23 Aug 64)
Tags: Dow Jones, Stock Market, US Stock Market
