Dow futures rise as Wall Street awaits Powell’s Jackson Hole speech, with clues on September rate cuts in focus.

Future tied to Wall Street's main stock indexes inched higher on Friday in the run-up to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium, which would shed more light on the interest-rate path.

Federal Reserve Chair Jerome Powell, at the 2025 Jackson Hole Symposium, signaled a cautious but dovish stance. With unemployment rising to 4.2% and inflation still above the 2% target, Powell hinted that the Fed may cut rates as early as September.