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

Wall Street’s main indexes opened nearly flat on 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, while the Nasdaq Composite dropped 25.4 points, or 0.10%, to 26,515.989.

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