The Latest Breaking News from Jackson Hole

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.

President Donald Trump escalated his Federal Reserve confrontation Friday, threatening to fire Governor Lisa Cook while mocking Chair Jerome Powell as “Too Late” in a Truth Social post that divided Fed board members into opposing camps.

The major market indexes finished a down week on a quiet note, with investors looking ahead to next week's annual Fed symposium.

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled more than 1,000 points in the previous session following speech from Federal Reserve Chairman Jerome Powell at the central bank’s Jackson Hole economic symposium. The US dollar index, meanwhile, jumped to its strongest level…

The major U.S. index futures turned lower on Friday, reversing course from the previous session's sharp advances.

Gainers Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) surged 95.3% to close at $0.2580 on Thursday after Ladenburg Thalmann initiated coverage on the stock with a Buy rating and announced a price target of $6.50.

Usually, Thursdays are a great day for commentaries, because Fridays tend to be low-volatility and volume days. Occasionally, this isn’t the case like today for instance. Tomorrow, there is the inflation report and Chair Powell’s speech at Jackson Hole. Both of these are going to be major factors in determining…

Pre-open movers

The two largest coins traded higher on Wednesday evening as the global cryptocurrency market cap fell 0.4% to $1 trillion.