Jackson Hole, stocks
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The Dow, S&P 500, and Nasdaq are falling as the stock market looks ahead to the Federal Reserve's Jackson Hole Symposium.
By Elizabeth Howcroft PARIS (Reuters) -European stock markets fell slightly in early trading on Thursday, hovering just below recent highs, as traders avoided making big moves and waited for the Federal Reserve's three-day annual Jackson Hole symposium.
The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
Traders were selling ahead of the possibility that Fed Chair Jerome Powell's highly anticipated speech Friday could disappoint investor hopes for a signal that interest rate cuts are coming.
Britain's FTSE 100 closed at a record high for the third straight day on Thursday with healthcare stocks leading the gains, while fresh economic data reinforced signs of resilience in the UK economy.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.