Stocks finish mixed as trader weigh weak economic data ahead of Fed speech
|08/22/2019||Posted by BusinessMediaguide.Com under General World News||
- Stocks finished mixed on Wednesday as investors weighed weak manufacturing data and another yield-curve inversion.
- The developments came ahead of Federal Reserve Chairman Jerome Powell’s speech, which he will deliver Friday at the central bank’s annual economic symposium.
- A measure for American manufacturing fell in August for the first time since 2009, adding to a growing list of economic indicators pointed toward a downturn.
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Stocks were mixed on Wednesday as investors digested weak economic data while also anxiously awaiting a speech from Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium.
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