Nasdaq, S&P, Dow struggle to extend win streak ahead of Fed's Jackson Hole gathering – Seeking Alpha
The Nasdaq, S&P, and Dow are facing challenges in extending their winning streak as they approach the Federal Reserve’s Jackson Hole gathering. The stock market indices are struggling to continue their upward momentum as investors await insights from the upcoming event. The Fed’s meeting in Jackson Hole is closely watched by market participants for clues on the central bank’s future monetary policy decisions. In the meantime, the major indices are grappling with uncertainty and volatility, making it difficult for them to sustain their recent gains. Investors are eagerly anticipating the outcome of the Fed meeting, which could have a significant impact on the direction of the stock market in the coming weeks.