Wall Street indexes open little changed as AI rally fades before Jackson Hole

Wall Street’s main indexes opened nearly flat on Friday, Aug. 28, as an AI-fueled rally lost momentum ahead of Federal Reserve Chair Kevin Warsh’s much-anticipated appearance at Jackson Hole. The Dow Jones Industrial Average rose 42.5 points, or 0.08%, to 53,611.94; the S&P 500 gained 4.2 points, or 0.05%, to 7,735.17; and the Nasdaq Composite fell 25.4 points, or 0.10%, to 26,515.989. AI-related shares broadly declined, while MSX said it had listed hundreds of real-world asset tokens linked to popular U.S. stocks and ETFs.

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Wall Street indexes open little changed as AI rally fades before Jackson Hole - CoinPost Terminal