U.S. stock indexes edge higher ahead of Powell’s speech
According to Jinse Finance, U.S. stocks opened higher, with the Dow Jones up 0.37%, the S&P 500 up 0.23%, and the Nasdaq up 0.19%. Nvidia (NVDA.O) fell 1.2% amid reports that the company has asked suppliers to halt production of H20 chips. Google (GOOG.O) rose 1.7% after Meta and Google secured a $10 billion cloud computing services deal. The Nasdaq Golden Dragon China Index rose 0.47%.
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The Federal Reserve announces the purchase of Treasury bills starting December 12.
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