Stocks

dow jones: US stocks fluctuate amid Fed policy, growth risks

Stocks struggled for direction as investors digested the latest hawkish noises from the Federal Reserve amid mounting signs of a global economic slowdown.

The Dow Jones Industrial Average declined 10 points, or 0.03% at the open. The S&P 500 fell 0.01% and the Nasdaq Composite was higher 0.08%.

Investors will pore over Fed Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday for a sense of how hawkish the US central bank will be in the face of mounting economic challenges.

Tech giants Salesforce and Nvidia are scheduled to report earnings after markets close.


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