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Stocks waver on Wall Street ahead of speech by Fed chair

Por: Los Angeles Times Business November 30, 2022

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Stocks wavered in morning trading on Wall Street Wednesday ahead of a speech by Jerome H. Powell, the chair of the Federal Reserve, on the outlook for the economy and inflation. The Standard & Poor's 500 fell 0.2% as of 10:14 a.m. Eastern. The Dow Jones industrial average fell 167 points, or 0.5%, to 33,685 and the Nasdaq composite rose 0.3%. Major indexes have been unsteady as the economy and financial markets deal with stubbornly high... + full article



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