Powell Jackson Hole Day, Markets After the Sell-off, Wild Retail Week and the Theft Effect 8/25/23

Published: Aug. 25, 2023, 2:45 p.m.

b"Carl Quintanilla,\\xa0Courtney Reagan and Mike Santoli focused on what investors could expect from the Fed Chair Jerome Powell at the Fed symposium in Jackson Hole, Wyoming. Friday's event comes one day after a Wall Street sell-off which erased gains sparked by Nvidia's blowout quarter. Retail back in the spotlight and capping a volatile week for the sector: Gap posted mixed quarterly results, while shares of Nordstrom fell despite a quarterly earnings beat. The company said losses due to theft were historic. Also in focus: Sara Eisen's rare interview with\\xa0the\\xa0CEOs of\\xa0Simon\\xa0Property\\xa0Group and\\xa0Authentic\\xa0Brands, along with the executive chair of\\xa0Sheinabout a new fast-fashion retail partnership involving the Forever 21 chain.\\n\\n\\n\\nSquawk on the Street Disclaimer"