US Stock Market Today: S&P 500, Dow Up Ahead Of Warsh's Jackson Hole Address; Chips Drag Nasdaq Lower
NDTV Profit 2d ago·28 Aug 2026, 1:42 pm
US equity markets are trading in a cautious mood ahead of a major speech by Federal Reserve Chair Jerome Powell at Jackson Hole. The Dow Jones Industrial Average is up slightly, but the tech-heavy Nasdaq 100 is under pressure, dragged down by weakness in chip stocks. This mixed performance reflects investor uncertainty about the Fed's future interest rate path.
For Indian investors, this global backdrop suggests that foreign portfolio flows could remain volatile. A dovish tone from Powell might support risk assets, while hawkish signals could trigger selling in high-growth sectors. The tech sector's decline is particularly notable as it often leads market moves.
Investors should keep a close watch on Powell's remarks later today. His comments will likely provide clarity on the Fed's stance on inflation and the economy, which will be crucial for determining market direction in the coming weeks.
Key takeaways
- Category: Economy.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. Use the price and stock snapshot to gauge how the market is responding.
