Wall Street slips ahead of Jackson Hole meet
U.S. stocks were slightly lower on Thursday morning as caution prevailed ahead of the start of the annual gathering of central bankers at Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are scheduled to speak on Friday. "I don't think it is likely that something of possible significance will come out of Jackson Hole, but investors are looking for the world of powerful people sharing their insights and opinions," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
