Market Jitters Ahead of Fed Conference

Wall Street's primary indexes experienced a downturn on Thursday, underscoring investor apprehension preceding the Federal Reserve's imminent three-day conference in Jackson Hole.

Despite Walmart disclosing its quarterly earnings, the results did little to invigorate market sentiment. The Dow Jones Industrial Average commenced its session with a 130.1-point dip, equivalent to 0.29%, landing at 44,808.21.

Meanwhile, the S&P 500 opened with a 14.9-point drop, marking a 0.23% decrease to 6,380.83. The tech-heavy Nasdaq Composite also faced a decline of 60.3 points, or 0.28%, opening at 21,112.523.

(With inputs from agencies.)