Federal Reserve Chairman Kevin Warsh is scheduled to speak in Jackson Hole, Wyoming at 10 a.m. ET, an event highly anticipated across all markets. The Nasdaq Composite recorded its best session since August 4, with a year-to-date gain of 14.2%. CrowdStrike shares surged 20.5% on Thursday following quarterly earnings, with CEO George Kurtz highlighting the impact of artificial intelligence on sector momentum. Apple announced a major leadership change with Tim Cook stepping down in favor of John Ternus effective September 1, with the stock up 15.7% year to date. Gap rose 15% after hours following mixed quarterly results and the appointment of a new CEO for Old Navy.
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