Stock market news live updates: August 26, 2022

Stock market news live updates: August 26, 2022

 

Stock futures slipped Friday morning as Wall Street awaited a highly-anticipated speech by Federal Reserve Chair Jerome Powell at the U.S. central bank’s economic symposium in Jackson Hole.

Futures tied to the S&P 500 fell 0.4%, while futures on the Dow Jones Industrial Average shed roughly 100 points, or 0.3%. Nasdaq futures were off by 0.6%. The moves come after all three major averages rallied in the previous session to log gains of more than 1%.

Powell is scheduled to deliver remarks…


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