Wall Street, Jackson Hole
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Wall Street and European shares ended flat to modestly lower on Monday ahead of a key central bank gathering later in the week that likely will determine the future path of U.S. interest rate policy.
Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
Wall Street ticked modestly lower ahead of U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskyy and other European leaders.
TOKYO: Japan’s Nikkei share average slipped from a record high to trade flat on Tuesday, as investors weighed Wall Street’s muted overnight finish, raising concerns that markets have advanced too far, too fast.
Investors will closely monitor reports from Walmart, Home Depot and Target, among others expected this week, to determine how trade uncertainty and inflation expectations have affected US consumers