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Dow drifts higher at Thursday’s open but S&P 500 and Nasdaq retreat from records as Jackson Hole looms

Dow drifts higher at Thursday's open but S&P 500 and Nasdaq retreat from records as Jackson Hole looms

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U.S. stocks were trading mixed Thursday morning, with the Dow edging up, and the S&P 500 and the Nasdaq Composite pulling back from all-time highs ahead of an important speech from Federal Reserve Chairman Jerome Powell on Friday. The Dow Jones Industrial Average [: DJIA] rose 45 points, or 0.1%, at 35,441, the S&P 500 index SPX, -0.07% declined less than 0.1% at 4,492, after the broad-market index put in its 51st record of 2021, while the Nasdaq Composite Index COMP, -0.05% slipped less than 0.1% at 15,040, following its 30th record high of 2021 on Wednesday.

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