Stock Futures Slip Ahead of Powell’s Jackson Hole Speech

U.S. stock futures inched lower as investors awaited comments from Federal Reserve Chairman Jerome Powell for clues about the outlook for interest rates and efforts to tame inflation. 

Futures tied to the S&P 500 edged down 0.3%, putting the benchmark index on course to halt two consecutive days of gains. Technology-heavy Nasdaq-100 futures declined 0.5% while Dow Jones Industrial Average Futures weakened 0.2%.