Markets React: Powell Speech and Global Economic Outlook

Will Powell signal rate cuts? Stocks rebound slightly as investors await the Fed Chair's Jackson Hole speech. Renewable energy takes a hit after Trump's project blocks, while strong manufacturing data clashes with rising jobless claims. European markets edge up, led by chemical and auto shares, and Asian markets close higher on tech optimism. All eyes on Powell to see how his words will move markets. Hosted on Acast. See acast.com/privacy for more information.