U.S. stocks finished little changed Monday as investors positioned for Federal Reserve Chair Jerome Powell’s speech later this week at the central bank’s Jackson Hole economic symposium and a wave of retail earnings that could shed light on consumer resilience under the current tariff regime. The S&P 500 slipped 0.54 points to 6,449.26, while the Dow Jones Industrial Average fell 33.74 points, or 0.08%, to 44,912.38. The Nasdaq Composite eked out a gain of about 0.1% to roughly 21,630. Trading volumes were thin after a run of record highs for the broader market. Powell is scheduled to outline the Fed’s updated policy framework Friday, with investors looking for guidance on how officials will balance elevated inflation against a recent uptick in unemployment. The yield on 10-year Treasuries inched up two basis points to 4.34%, underscoring caution ahead of the remarks. Earnings from Walmart, Home Depot and Target later this week are expected to provide fresh clues on consumer spending trends. Geopolitical developments, including President Donald Trump’s White House meeting with Ukrainian President Volodymyr Zelenskyy to discuss potential peace talks with Russia, had little immediate impact on market sentiment.
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*STOCKS END MOSTLY FLAT TO START THE WEEK AS INVESTORS LOOK AHEAD TO POWELL SPEECH, RETAIL EARNINGS https://t.co/LbxqVaLs9d
Stocks Steady Ahead of Fed Symposium as Trump Floats Ukraine-Russia Peace Talks - US Market Wrap https://t.co/heqPqxLwn0