U.S. stocks closed higher on Thursday, with the CNN Money Fear and Greed index remaining in the "neutral" zone.
Investor are now awaiting speech from Fed Chair Jerome Powell at the Jackson Hole symposium. Powell is scheduled to speak at 10 a.m. ET in Wyoming.
Switzerland's Financial Market Supervisory Authority (FINMA) and Swiss National Bank (SNB) released a joint statement in response to the recent market turmoil caused by certain banks in the U.S.
What Happened: The statement confirmed the problems faced by U.S. banks do not pose a direct risk of contagion for Swiss financial markets.
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