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