Pre-Fed Thursday – Markets Still Drifting into Jackson Hole
August 22, 2024 at 08:28 AM EDT
The stock market showed resilience yesterday. The S&P, Nasdaq, and Russell all posted gains despite muted trading volume with SPX and NDX adding 0.4% and 0.6%, respectively, while the RTX outperformed with a 1.3% gain on the day. Target (TGT) led the consumer discretionary sector higher with an impressive earnings report and outlook, contributing to […] Source