SQUAWK BOX, THURSDAY 26TH AUGUST, 2021

Both the S&P 500 and Nasdaq hit new record highs with markets now eyeing the upcoming virtual Jackson Hole summit of central bankers for clues of the Fed’s tapering path. The Bank of Korea hikes interest rates for the first time in three years. It’s the first developed economy to make the move since the start of the pandemic. In the U.S., the SEC is reportedly set to investigate DWS after a former Deutsche Bank asset management arm had allegedly exaggerated the unit’s ESG involvement. And in aviation news, Lufthansa and Delta Airlines push for fully vaccinated staff, as U.S. federal regulators look to greenlight more jabs.