Copy Paste Experiment: Dollar Dips, Global Stocks Inch up Ahead of Powell Speech

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Dollar Dips, Global Stocks Inch up Ahead of Powell Speech

Markets braced for a speech by Federal Reserve chair Jerome Powell for hints on the direction of monetary policy, while a gauge of global stocks inched higher.

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Morning Headlines

Google's Waymo Has Set up a China Unit

Google's Waymo unit is setting up a subsidiary in China as the company goes after a big market for automobiles.

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Microsoft Investigated by Feds for Alleged Bribery, Corruption in Hungary

The investigation follows a series of similar probes into the tech company's relationships with its business partners in five other countries.

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AMD Moves into Overbought Territory After Analyst Update

AMD shares moved sharply higher after an analyst upped its price target, but traders will be watching these key levels ahead.

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Apple Has Hired 46 Ex-Tesla Employees This Year: Report

Lagging compensation and stock price growth were cited as some of the reasons why an increasing number of Tesla employees are choosing Apple.

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Top S&P 500 Gainer & Loser

AMD
Advanced Micro Devices Inc
6.65%

LB
L Brands Inc
-11.41%

As of last market close.

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Friday, August 24, 2018

Dollar Dips, Global Stocks Inch up Ahead of Powell Speech

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