Dow Futures Drop Nearly 60 Points As Nvidia Earnings Loom: Nikkei Opens Higher, Dollar Inches Up

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U.S. stock futures are down marginally on Sunday evening following Fed Chair Jerome Powell’s dovish comments on Friday, during the Federal Reserve’s annual Jackson Hole symposium, where he hinted at a potential rate cut in September.

Investors are also anticipating Nvidia Corp.’s (NASDAQ:NVDA) second-quarter earnings on Wednesday, closely watching for more cues on the direction and momentum of the fast-growing AI space.