Fed's Jackson Hole event begins, DNC, volatility: Morning Brief

Thursday is jam-packed with events that investors will be paying attention to as the Federal Reserve Bank of Kansas City's Jackson Hole Economic Symposium begins in Wyoming, where Fed Chair Jerome Powell will deliver a speech on Friday. Vice President and Democratic nominee Kamala Harris will formally accept candidacy in the 2024 election tonight and speak at the Democratic National Convention (DNC). Morning Brief hosts Seana Smith and Madison Mills tackle the biggest stories and moving stocks ahead of the stock market's opening bell. BCA Research chief strategist for US equity strategy Irene Tunkel joins the program to outline her thesis as to why the stock market (^DJI, ^IXIC, ^GSPC) is due for continued bouts of heightened volatility (^VIX). Annex Wealth Management chief economist and strategist Brian Jacobsen weighs in on whether high expectations for Fed Chair Powell to discuss interest rate cuts could lead his speech to be "doomed to disappoint" markets and investors. Other top trending stocks on the Yahoo Finance platform include Zoom Video Communications (ZM), Baidu (BIDU), Urban Outfitters (URBN), and Snowflake (SNOW). This post was written by Luke Carberry Mogan.