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Mixed Stock Futures Ahead of Warsh’s Jackson Hole Speech

Stock futures showed mixed signals on Friday as investors kept an eye on earnings reports and awaited comments from Federal Reserve Chairman Kevin Warsh.

The S&P 500 futures hovered just below flat, while Nasdaq 100 futures dipped 0.3%.

The Dow Jones Industrial Average futures edged slightly higher.

In individual stock movements, Gap shares surged 14% despite a mixed quarterly report, driven by the announcement of a new CEO for the struggling Old Navy brand.

Meanwhile, Marvell Technology declined around 8% after issuing guidance for the current quarter that disappointed investors regarding non-GAAP gross margin.

Source (CNBC)

SourceCNBC
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