NEW YORK (AP) — Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading. The S&P 500 rose 0.3% early Friday, coming off its fifth straight loss. The Dow Jones Industrial Average was up 253 points, and the Nasdaq composite was up 0.1%. Treasury yields eased a bit in the bond market as the countdown dwindles to a speech coming from the chair of the Federal Reserve at an annual symposium for central bankers in Jackson Hole, Wyoming. The hope on Wall Street is that Jerome Powell may hint that cuts to interest rates may be coming soon.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

See Full Page