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- US stocks edged higher on Thursday as investors prepare for more comments from central bankers.
- Fed Chairman Jerome Powell is scheduled to speak at the Economic Club of New York later today.
- His speech comes as the key 10-year US Treasury yield approaches the 5% level.
US stocks edged higher on Thursday, recovering a small portion of the losses experienced on Wednesday, as investors prepare for more comments from central bankers.
Federal Reserve Chairman Jerome Powell is scheduled to speak to the Economic Club of New York later today, and investors will be gauging whether he echoes the remarks from other Fed officials over the past week, which have been decidedly more dovish than hawkish.