Wall Street Holds Its Breath Before Jackson Hole: Markets Wrap

Aug. 18, 2025, 8:52 PM UTC

Wall Street saw a quiet start to a key Federal Reserve week, with geopolitics coming into play as President Donald Trump said he hopes to set a trilateral meeting with Russia and Ukraine as the White House welcomed Volodymyr Zelenskiy to discuss a potential peace deal.

Following a series of all-time highs for the S&P 500, the gauge wavered. The Trump administration was said to be in discussions to take a stake of about 10% in Intel Corp.Traders will get a close look at how American consumers were faring in the early days of Trump’s tariff regime when ...

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