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2026-08-28T14:47:34.147Z

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US stocks steady before Fed Chair speech

US stocks steady before Fed Chair speech

U.S. stock futures stabilized as investors watched company earnings reports and Federal Reserve Chair Jerome Powell's speech. The S&P 500 index rose slightly by 0.1%, while the Nasdaq 100 declined by 0.1%. The Dow Jones increased by 92 points (0.2%). Markets had experienced strong gains on Thursday, fueled by positive results from Nvidia, and Powell's speech is expected to shape the interest rate path, with a 64% chance of rates remaining unchanged. Investors are also awaiting signals from the central bank leader regarding interest rate policies and their impact on the economy.

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