The Stock Exchanges in New York Started With Small Results on Wednesday
The stock exchanges in New York started the new trading day with small results on Wednesday.
Investors on Wall Street are particularly awaiting a speech by Federal Reserve Chairman Jerome Powell on Thursday.
Among the companies, attention was paid to software group Salesforce and maker of business server and computer systems Hewlett Packerd Enterprise (HPE), who opened the books.
Shortly after the opening bell, the leading Dow Jones index was 0.1 percent lower at 28,223 points. The broad S&P 500 just gained 0.1 percent to 3,447 points, and technology gauge Nasdaq rose 0.5 percent to 11,519 points.
HPE, in turn, rose more than 7 percent. The tech company published better than expected results.
Thursday begins the annual Fed symposium traditionally held in Jackson Hole, Wyoming. The meeting will be held virtually this year due to the coronavirus.
Powell will talk about the long-awaited policy frameworks of the US umbrella of central banks. Particular attention will be paid to the Fed’s inflation strategy.