Futures Mixed as Investors Eye Fed Symposium, Nvidia Earnings, and Iran Policy
US equity futures were mixed on Monday, as investors watched for developments that could shape markets this week. The Federal Reserve's annual Jackson Hole gathering and Nvidia's earnings report are among the key events being closely monitored.
The White House is also preparing new economic measures against Iran, with Treasury Secretary Scott Bessent scheduled to elaborate on the strategy during an afternoon press briefing. Higher bond yields worldwide have weighed on equity performance, with the US 30-year Treasury yield reaching 5.3% last week, a level not seen in nearly two decades.
Market participants remain alert to policy actions and key corporate updates amid continued pressure from rising global bond yields. The upcoming data release of July personal consumption expenditures price index will also be closely watched, as well as the Federal Reserve's yearly policy meeting in Jackson Hole, Wyoming.