. Ahead of Friday's open, the Dow, S&P 500 and Nasdaq weren't too far from their recent record closes — about 2.5%, 1.4%, and 1.3% away respectively.Traders work on the floor of the New York Stock Exchange in New York, on Monday, Aug. 23, 2021.Coinciding with seasonal factors stacked against Wall Street, it's also "quadruple witching" Friday, the simultaneous expiration of stock options, index options, stock futures and index futures.
Next week, theholds its two-day September policy meeting, leaving investors already on edge this month to read the tea leaves on when central bankers might start tapering their massive Covid-era bond buying. So far in September, as of Thursday's close, the Dow was down 1.7%; the S&P 500 was down 1.1%; the Nasdaq was down 0.5%. However, all three were still way up for the year.Jerome Powell, chairman of the U.S.
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Source: CNBC - 🏆 12. / 72 Read more »