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5 things to know before the stock market opens Friday

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Economy,Markets,Business

Here are the most important news items that investors need to start their trading day.

Federal Reserve Chair Jerome Powell is speaking at 10 a.m. ET.shed 1.7% for its worst day since Aug. 5. The Dow and S&P are clinging onto week-to-date gains with one trading session to go. But the Nasdaq is slightly negative on the week headed into Friday trading. Follow

Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC.at 10 a.m. ET Friday from the Fed's annual gathering of global central bankers in Jackson Hole, Wyoming. With a likely September rate cut on the horizon, Wall Street will be listening more broadly for larger policy comments.

– CNBC's Yun Li, Jeff Cox, Diana Olick, Annika Kim Constantino, Lora Kolodny and Michael Wayland contributed to this report.

 

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