Wall Street opens subdued ahead of Warsh speech

Wall Street indexes opened muted on Friday as a tech rally faded ahead of a key Jackson Hole address by Federal Reserve Chair Kevin Warsh. The Dow and S&P ticked up slightly while the Nasdaq edged lower.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 24, 2026.  REUTERS/Brendan McDermid

Wall Street opened subdued on Friday morning as an AI-driven rally paused ahead of Federal Reserve Chair Kevin Warsh's speech at Jackson Hole. The Dow Jones Industrial Average rose 42.5 points, or 0.08%, to 53,611.94.

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