Stock Futures Steady as Market Anticipates Fed's Jackson Hole Summit and Retail Earnings: Live Updates

Stock Market Overview: Stock futures remained mostly unchanged as investors await key speeches from Federal Reserve officials and retail earnings this week, with the Dow Jones, S&P 500, and Nasdaq futures trading near flat.

Federal Reserve Expectations: Fed Chair Jerome Powell is expected to signal a potential 25 basis point rate cut in September during the annual economic symposium in Jackson Hole, with an 83% chance indicated by fed funds futures.

Corporate Earnings Impact: Major retailers like Home Depot, Lowe's, Walmart, and Target are set to report earnings this week, which could influence market sentiment and provide insights into consumer health.

Meta Platforms Short Interest: Meta has experienced a significant increase in short interest, rising 75% year-to-date, attributed to concerns over AI spending, growth slowdown, and valuation, while Palo Alto Networks shares surged after strong quarterly results.