Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.

Futures for the Dow Jones Industrial Average and other major stock indexes traded sharply mixed Friday as Wall Street reacted to the U.S. retail sales report. Meanwhile, UnitedHealth GroupUNH soared on the stock market today after famed investor Warren Buffett disclosed a new position.

Policymaker sentiment will take a front seat heading into the annual Jackson Hole central banking summit.

US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. A meeting between President Trump and Russian President Vladimir Putin was also in focus as traders looked for clues on how the outcome could steer markets.

The Dow Jones index dropped ahead of Friday's speech from Fed Chair Jerome Powell. Amazon and Meta stock fell Monday.

Stock futures are slightly higher Friday morning, putting major indexes on track for new records, as investors await the release of several economic reports.