Stock Market Midday, Aug. 28: Stocks Edge Higher on Fed's Clear Inflation Message
As of 11:48 AM ET, the S&P 500 (SNPINDEX:^GSPC) is up 0.20% to 7,747, the Nasdaq Composite (NASDAQINDEX:^IXIC) has gained 0.14% to 26,561, and the Dow Jones Industrial Average (DJINDICES:^DJI) has climbed 0.17% to 53,658 as investors digest policy signals from the Jackson Hol
As of 11:48 AM ET, the S&P 500 (SNPINDEX:^GSPC) is up 0.20% to 7,747, the Nasdaq Composite (NASDAQINDEX:^IXIC) has gained 0.14% to 26,561, and the Dow Jones Industrial Average (DJINDICES:^DJI) has climbed 0.17% to 53,658 as investors digest policy signals from the Jackson Hol
BELLINGS Intelligence Score: 65
Why it matters
The Fed's clear inflation message is a significant monetary-policy signal that influences rate expectations and credit-market conditions, directly relevant to sophisticated credit professionals.
Sources
Nasdaq
Stock Market Midday, Aug. 28: Stocks Edge Higher on Fed's Clear Inflation Message
As of 11:48 AM ET, the S&P 500 (SNPINDEX:^GSPC) is up 0.20% to 7,747, the Nasdaq Composite (NASDAQINDEX:^IXIC) has gained 0.14% to 26,561, and the Dow Jones Industrial Average (DJINDICES:^DJI) has climbed 0.17% to 53,658 as investors digest policy signals from the Jackson Hol