Wall Street opens subdued ahead of Warsh's speech
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A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 24, 2026. REUTERS/Brendan McDermid
Aug 28 (Reuters) - Wall Street's main indexes opened muted open on Friday, as an AI-fueled rally fizzled out ahead of Federal Reserve Chair Kevin Warsh's much-anticipated Jackson Hole appearance.
The Dow Jones Industrial Average rose 42.5 points, or 0.08%, at the open to 53,611.94. The S&P 500 rose 4.2 points, or 0.05%, at the open to 7,735.17, while the Nasdaq Composite dropped 25.4 points, or 0.10%, to 26,515.989 at the opening bell.
(Reporting by Purvi Agarwal in Bengaluru; Editing by Maju Samuel)
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