Wall Street treads water ahead of Fed chair speech

NEW YORK (Reuters) - The benchmark S&P 500 ended little changed on Thursday as a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity while investors awaited Federal Reserve Chair Jerome Powell's speech on Friday for clues on the central bank's monetary policy.

Reuters August 23, 2019 02:06:16 IST
Wall Street treads water ahead of Fed chair speech

Wall Street treads water ahead of Fed chair speech

NEW YORK (Reuters) - The benchmark S&P 500 ended little changed on Thursday as a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity while investors awaited Federal Reserve Chair Jerome Powell's speech on Friday for clues on the central bank's monetary policy.

The Dow Jones Industrial Average <.DJI> rose 51.21 points, or 0.2%, to 26,253.94, the S&P 500 <.SPX> lost 1.37 points, or 0.05%, to 2,923.06 and the Nasdaq Composite <.IXIC> dropped 28.82 points, or 0.36%, to 7,991.39.

(Reporting by April Joyner; Editing by Sonya Hepinstall)

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