US stock futures higher
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US stock futures wavered just above the flatline as Wall Street readied for the main event of the week: Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium in Wyoming.
US stocks ended lower, with the S&P 500 falling for the fifth straight day. Investors feel less confident in a September rate cut. Walmart sinks Dow.
Dow Jones futures steady around 44,850 during early European hours on Friday, ahead of the opening of the United States (US) regular markets. However, the S&P 500 futures decline by 0.12% to trade around 6,380, and the Nasdaq 100 futures fall by 0.29%, trading around 23,150.
In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Akzo Nobel rose 4.2% and Hensoldt climbed 3.7%. On the other hand, Powsz Kasa Oszcz Bk Polsk dropped 7.3%, and Bank Polska Kasa Opieki fell 7.2%. The FTSE 100 lost 0.2%. Other stocks in Europe were mixed as France's CAC 40 was flat and Germany's DAX dropped 0.1%.
Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.