Stocks open higher as markets await Jerome Powell's speech

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Brad Smith News

Jerome Powell,Seana Smith,Jared Blikre

US stock market averages (^DJI, ^IXIC, ^GSPC) open Friday's session in positive territory ahead of Federal Reserve Chair Jerome Powell's speech at 10 a.m...

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.

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