Wall Street Overnight
- Stocks climbed, thanks to upbeat financial outlooks from Nvidia, Salesforce, and CrowdStrike.
- Investors awaited the Federal Reserve's Jackson Hole summit, which kicked off today.
- Markets will be closely scrutinizing Fed Chairman Kevin Warsh's speech for clues on his stance on inflation and interest rate policy.
U.S. Weekly Jobless Claims
- Initial Jobless Claims (Week Ended August 22): 203,000 vs. 207,000 previously, below market expectations of 208,000
- Continuing Jobless Claims (Week Ended August 15): 1,778.000 vs. 1,796.000 previously, below market expectations of 1,790.000
$BTC #dyor
- Stocks climbed, thanks to upbeat financial outlooks from Nvidia, Salesforce, and CrowdStrike.
- Investors awaited the Federal Reserve's Jackson Hole summit, which kicked off today.
- Markets will be closely scrutinizing Fed Chairman Kevin Warsh's speech for clues on his stance on inflation and interest rate policy.
U.S. Weekly Jobless Claims
- Initial Jobless Claims (Week Ended August 22): 203,000 vs. 207,000 previously, below market expectations of 208,000
- Continuing Jobless Claims (Week Ended August 15): 1,778.000 vs. 1,796.000 previously, below market expectations of 1,790.000
$BTC #dyor