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Stock Market Today: Stocks Close Higher Ahead of Key Inflation, Jobs Data

The July personal consumption expenditures (PCE) index and the August jobs report are just two key data points on this week's jam-packed economic calendar. Stocks closed higher Monday as investors brushed off concerns over the possibility of more interest rate hikes. Federal Reserve Chair Jerome Powell said in his speech at Jackson Hole last Friday that the central bank is prepared to do whatever it takes to bring inflation down, even if that means additional rate hikes. Powell also reitera...
United States Jerome Powell Shelee Kimura August Lahaina Jonathan Sakraida Hawaiian Electric Industries
Source: yahoo.com

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