S&P 500, Nasdaq close at record highs amid encouraging economic data | Markets Insider

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S&P 500, Nasdaq close at record highs amid encouraging economic data

on Wednesday the stock could leap as much as 314% from its Tuesday close to $35 on the approval.

Federal Reserve Chairman Jerome Powell is scheduled to deliver a keynote address on Thursday at the central bank's annual conference in Jackson Hole, Wyoming. The speech is expected to lay out the Fed's plans to keep interest rates low for several years and reveal a strategy for maintaining inflation at its 2% target. Investors will watch closely for any signs of additional monetary support to expedite the US economic rebound.fell as much as 1.

 

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