Here’s the latest news on what stocks are doing.
Stocks took a pause after closing at a record high Tuesday, when the Nasdaq closed above 15,000 for the first time in its history. Ahead of the Fed’s Jackson Hole Symposium, investors are in wait-and-see mode to determine if the Fed really will take its foot off the stimulus gas or keep chugging along in the face of a decelerating economy. Here’s where things stand as of 6 am ET: It seems that nothing can stop the stock market. The bulls have assumed control. The Nasdaq surpassed the 15,000 level for the first time ever Tuesday, rising 0.
