U.S. Stock Futures Are Lower After Last Week's Decline
U.S. stock futures are lower. U.S. equity markets are trading lower after last week’s decline which ended a four-week winning streak for the S&P 500. Earnings season has largely come to a close with a few retail and tech names set to report this week. Later this week Fed officials will meet in Jackson Hole for an annual symposium as the July PCE data release on Friday will provide another read on inflation.
Precious metals are trading lower and Treasury yields are rising. The rally in the U.S. Dollar is extending.