22 August 2025, 03:43  USA: Futures Rise Ahead of Powell Speech.

US stock futures ticked up Friday as investors awaited Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole for signals on the path of interest rates. Markets remain wary that Powell could temper expectations for a near-term rate cut. In extended trading, Intuit slid more than 5% despite reporting strong quarterly results, while Zoom Communications jumped nearly 6% on better-than-expected second-quarter earnings. On Thursday, the Dow and Nasdaq Composite each fell 0.34%, and the S&P 500 lost 0.4%. Walmart weighed heavily on sentiment, plunging 4.5% after missing earnings expectations for the first time since 2022, even as it raised its full-year sales and profit outlook. Weakness across other retailers further fueled concerns over consumer resilience amid higher tariffs and uneven spending.

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