Good morning.
Stocks are off to a mixed start as all eyes turn toward Jackson Hole, where Kevin Warsh is set to give his first keynote speech as chairman of the Federal Reserve
In the bond market, yields throughout the curve are up by roughly half a basis point as investors await Warsh. Here’s a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data. The communications and consumer discretionary sectors have jumped out to an early lead, while healthcare companies are leading the way down.
Also getting a boost this morning are the energy and materials sectors. Overall, investors are looking at a mixed but mostly green picture ahead of Warsh’s speech. Here are some notable stocks that Yahoo Finance readers are viewing this morning: PayPal (PYPL), Affirm (AFRM), Marvell Technology (MRVL), IREN (IREN), The Gap (GAP), Quoin Pharmaceuticals (QNRX), Klarna Group (KLAR), and Figma (FIG)