Markets Await Powell's Jackson Hole Speech Amid Mixed Global Trends

TL;DR Summary
U.S. stock futures remain stable ahead of Fed Chair Jerome Powell's speech at Jackson Hole, where investors seek clues on future monetary policy and interest rate movements. The market has recently experienced declines, with expectations of a potential rate cut in September, but a hawkish tone from Powell could impact the outlook. Notable after-hours moves include declines in Intuit and Workday shares despite positive earnings reports.
Topics:business#finance#interest-rates#market-outlook#monetary-policy#powell-jackson-hole#stock-futures
- Stock futures are little changed ahead of Powell's Jackson Hole speech: Live updates CNBC
- Global equities retreat, as oil and dollar advance Reuters
- Global Markets Mostly Lower as Fed Minutes Awaited The Wall Street Journal
- Asia hanging on Powell’s every word at Jackson Hole Asia Times
- Wall Street slips as Walmart helps pull S&P 500 to another loss WSOC TV
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