S&P 500 futures are little changed as investors count down to Warsh's Jackson Hole address: Live updates
With Thursday's advance, the three major indexes are on track to end the week higher.
TL;DR
- S&P 500 futures were flat, Dow futures were up, and Nasdaq 100 futures were down in early trading.
- Gap shares surged on a new CEO appointment and mixed earnings, while Marvell Technology fell on disappointing guidance.
- Bitcoin declined after a rapid surge pushed it into 'overbought' territory.
- Oil prices decreased as traders assessed Middle East developments, despite confirmation of no U.S.-Iran talks.
- Lombard Odier maintains a bullish outlook on Chinese equities, citing strong policy support and AI ecosystem growth.
- Investors are anticipating Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole symposium for insights into interest rate policy.
- Asia-Pacific markets traded mixed, with Japan's Nikkei 225 and Australia's S&P/ASX 200 up, while South Korea's Kospi and Hong Kong's Hang Seng were down.