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S&P 500 and Nasdaq end lower for first time in 6 sessions ahead of Powell’s Jackson Hole speech

S&P 500 and Nasdaq end lower for first time in 6 sessions ahead of Powell's Jackson Hole speech

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U.S. stocks halted a streak of wins for the three main benchmarks on Thursday as investors focused on comments expected from Federal Reserve Chairman Jerome Powell on Friday that could deliver the clearest guideposts for the central bank’s plans for tapering stimulus measures. The Dow Jones Industrial Average DJIA, -0.54% closed 0.5% lower at 35,213, finishing lower for the first time in five sessions.

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