Episode Summary: Fed meets in Jackson Hole; Illinois mandates vaccine for educators and health care workers as Texas bans mandates; Peloton reports disappointing results
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This is the Marketplace Minute. I’m Meghan McCarty Carino.
STORY 1
Stocks fell Thursday from record highs …
The Dow dropped about half a percent.
The S&P lost almost six tenths percent.
And the NASDAQ was down more than six tenths percent.
STORY 2
Before a blast in Afghanistan killed 12 American service members and injured many more, investors were watching the gathering of the Federal Reserve that began Thursday in Jackson Hole, Wyoming. Chair Jerome Powell will speak Friday … offering clues about when the Fed might pull back on measures to stimulate the economy.

STORY 3
The governor of Illinois has announced all health care workers in the state … and educators … from kindergarten through college … must be vaccinated or tested weekly. The announcement came as Texas governor Greg Abbot signed an executive order BANNING vaccine mandates.

STORY 4 *** CUT THIS FOR PUBRADIO VERSION ***
… And shares in Peloton weakened as the fitness company reported a steep slow down in growth ... and losses from a treadmill recall last quarter.

***CLOSE
I’m Meghan McCarty Carino with the Marketplace Minute.