Wall Street opens subdued ahead of Warsh's speech

Wall Street's main indexes opened muted open on Friday, as an AI-fueled rally fizzled out ahead of Federal Reserve Chair Kevin Warsh's much-anticipated Jackson Hole appearance.

The Dow Jones Industrial Average rose 42.5 points, or 0.08 percent, at the open to 53,611.94. The S&P 500 rose 4.2 points, or 0.05 percent, at the open to 7,735.17​, while the Nasdaq Composite dropped 25.4 points, or 0.10 percent, to 26,515.989 at the opening bell.

Reuters

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