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U.S. Stock Futures Hold Steady Ahead of Powell’s Jackson Hole Speech
U.S. Stock Futures Hold Steady Ahead of Powell’s Jackson Hole Speech
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BTCCSquare news:
U.S. stock futures remained flat Thursday evening as investors braced for Federal Reserve Chair Jerome Powell’s keynote at the Jackson Hole symposium. The speech is expected to signal the central bank’s policy trajectory amid lingering market uncertainty.
Nasdaq 100, Dow Jones, and S&P 500 futures edged up marginally after a fifth consecutive losing session for the S&P 500. All three major indices are poised for weekly declines, with tech-heavy Nasdaq leading losses at 2.4%.
The financial markets’ muted reaction reflects a holding pattern ahead of Powell’s address. Traders appear reluctant to place major bets until receiving clearer guidance on interest rates and quantitative tightening measures.
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