Stocks open higher as markets await Jerome Powell's speech

open Friday's session in positive territoryHowever, it's a great event.Um, as I've been selling, trying to figure out how to pronounce their name, I'm gonna say actuate, Actuate Therapeutics will say, is ringing the opening bell at the NASDAQ.All right, let's kick it over to Jared Bli Ray Jared Lots riding on this open and lots of questions about exactly the type of market action we're going to see.Yes, a lot riding on this, but I want to point out something.

And I just want to show you and point out this is called a bearish engulfing pattern because this big red candle here is engulfing the prior day range.You look at the Dow, that story remains Brussel 2000 not so much.It was probably overdone to the upside, but things settled down very quickly.It's not a huge amount, but it's something that we want to keep in mind.So let's move on to the action where we have tech and consumer discretionary.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold, stocks, and cryptos sink lower as investors await Powell’s comments on interest ratesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Tech stocks, bitcoin above $60k, Powell under fire: 3 thingsIt's another busy day on Wall Street. Here are three of the stories to watch during Friday, August 9. Tech stocks have been under pressure this week amid the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks and precious metals soar, cryptos fall as Powell hints at September rate cutThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Markets today: Stocks rise amid ‘mixed bag’ of data before PowellStocks rose as traders weighed the latest economic reports for clues on the outlook for U.S. Federal Reserve rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »