Dull Market Until Friday

Powell's speech in Jackson Hole will move the market.

PRE-OPEN MARKET COMMENTS WEDNESDAY - After a 10% drop the market has quickly recovered and it is within striking distance of the all-time high. Conditions have been volatile during the last month and traders will wait to see if Powell confirms that a quarter point rate cut is likely in September. Fed Fund futures have priced in a 75% chance of that happening.

Daily Bulletin Continues...