U.S. stocks opened higher this week, as retail companies posted record earnings results. In early trading on Monday, the Dow Jones Industrial Average gained 182 points, or 0.52% while the S&P added 27 points, or 0.62%. The tech heavy Nasdaq Composite Index jumped 130 points, or 0.89%. (Story continues below.) There are increasingly healthy reads on consumers. For example, on Friday Walmart’s earnings beat expectations, and company executives revealed that the Delta variant did not change consumer behavior.
This week, investors will be most focused on the Federal Reserve Jackson Hole symposium. Fed Chairman Jerome Powell is expected to deliver […]
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