News Conference: P Spx and Dow Jones

news conference: The Nasdaq Composite COMP, 0.32% was off 0.1% at 7,997, according to Market Watch. Investor expectations for the Federal Reserve to deliver a rate cut as early as next month were boosted after last week's policy meeting and Powell's news conference. The Dow Jones Industrial Average DJIA, -0.04% rose 13 points, or less than 0.1%, to 26,740, while the S&P 500 SPX, -0.12% was down less than a point at 2,944. Powell will have the opportunity to affirm or soften those expectations when he speaks at 1 p.m. Shares of Allergan PLC AGN, 0.97% jumped nearly 29% after agreeing to be bought by fellow drugmaker Abb Vie Inc. Eastern at the Council on Foreign Relations in New York. (news.financializer.com). As reported in the news.