"Wall Street's Uncertainty: Stocks Stumble as Fed's Powell Takes the Stage"
TL;DR Summary
Stock futures on Wall Street were mostly unchanged as investors awaited further clues on interest-rate strategy from Federal Reserve policymakers. The S&P 500 futures hovered above the flatline, while Dow Jones Industrial Average futures rose slightly and Nasdaq 100 futures fell slightly. Investors will be watching for any hints from Fed Chair Jerome Powell during his upcoming speech. Mixed messages from central bankers have created uncertainty about the Fed's stance on rate hikes. Additionally, corporate earnings reports and commodity prices, particularly oil, are being closely monitored.
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