NYSE Content Advisory: Pre-Market Update + Investors Monitoring Latest Fed, Earnings Developments
- Stocks are lower Tuesday morning after the market took a breather to begin the week. Following a rally last Friday, the major averages pulled back on Monday with investors tracking new developments
- The
Federal Reserve remains in focus on several fronts as last night,President Trump announced on Truth Social that he has fired Fed GovernorLisa Cook . - This comes at a time when the President has put pressure on the central bank to lower interest rates. Following Chair Powell's Jackson Hole speech, investors anticipate a September rate cut.
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Video - https://mma.prnewswire.com/media/2758118/NYSE_Market_Update_August_26.mp4
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