Stock market news today: Stocks waver as S&P 500 eyes ninth day of gains

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Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.

Wall Street stocks searched for direction on Thursday, as investors kept an eye on Federal Reserve policymakers for more clues to interest rate strategy.The market will watch for Jerome Powell to let slip any clues to the chance of a rate cut when he speaks later, after the Fed chair stayed quiet on monetary policy at his appearance Wednesday.clawed back some lossesHollywood actors reached a tentative agreement with studios on Wednesday to end its 118-day strike — the longest in its history.

The details of the deal with the Alliance of Motion Picture and Television Producers , which bargains on behalf of the major studios including Warner Bros. stock rose more than 20% after the company reported quarterly results. The buy-now-pay-later player topped Wall Street's estimates revenue and earnings per share while also adding that. merchandise volume increases 28% year-over-year.

 

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