The Story
News Summary
- New Fed Chair Kevin Warsh delivered a surprisingly hawkish message at Jackson Hole, dashing hopes for dovish pivots.
- He emphasized continued inflation fights, pushing Treasury yields higher and causing US stock indexes to close modestly lower as traders price in a September rate hike.
Explore US500 price history & advisor snapshot
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Stored market data
US500 price history
7619.98
+12.62% over the displayed period
Advisor Snapshot
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