You are here: Home » International » News » Markets
Business Standard

US stocks slip as Wall Street treads cautiously ahead of Jackson Hole meet

The market has been roiled by geopolitics, mayhem in Washington, Trump comments during past 2 weeks


US stocks were slightly lower on Thursday morning as caution prevailed ahead of the start of the annual gathering of central bankers at Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are scheduled to speak on Friday. Their speeches will be scrutinized for hints on the path of monetary policy, but neither of them are expected to give fresh guidance. "I don't think it is likely that something of possible significance will come out of Jackson Hole, but investors are looking for the world of powerful people sharing ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, August 24 2017. 20:23 IST