The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it. The Dow Jones Industrial Average on Friday registered its seventh consecutive down session, its longest losing streak since 2020, on its way to falling 1.8% for the week. The S & P 500 also posted a losing week, declining 0.6%. However, the Nasdaq eked out a 0.34% gain thanks to its outsized exposure to large technology stocks.
Jerome Powell, chairman of the US Federal Reserve, at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024.The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it.