Market Steady Ahead of Fed Minutes Amid Retail Earnings and Jackson Hole Jitters
US stock futures remained steady after a volatile day influenced by retail earnings, with Target's earnings report highlighting ongoing consumer and tariff pressures. Investors are awaiting Federal Reserve minutes and Powell's Jackson Hole speech for clues on interest rate policy amid mixed economic signals. Tech stocks experienced a selloff due to concerns over AI's profitability, while other sectors like housing and luxury retail showed varied performance.
