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Happy Monday. Stocks were mixed as investors weighed new U.S. economic sanctions against Iran, failed U.S.-Canada trade talks and reciprocal tariff threats, along with earnings from chipmaking giant Nvidia (NVDA) and the Federal Reserve's annual symposium in Jackson Hole, Wyoming.
Treasury Secretary Scott Bessent is expected to reveal details of the administration's sanctions plans against Iran later today after President Donald Trump threatened the country with "economic D-Day."
The Federal Reserve will hold its annual symposium beginning Thursday, with Chairman Kevin Warsh expected to deliver a speech on Friday.
"Warsh is scheduled to deliver keynote remarks on Friday, and markets will be looking for greater clarity on both his ******* sment of inflation and the broader 'regime change' he has advocated at the Fed," said Daniela Hathorn, senior market ******* yst at Capital.com.

#federal #Friday #annual
3 months ago

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