U.S. stock index futures are basically flat, and trading volume for the S&P 500 index has decreased after rising for eight consecutive days

ChainCatcher news, according to Jinshi reports, U.S. stock index futures are basically flat, continuing the strong trend from the previous day, as the market bets that the Federal Reserve will soon signal readiness to start cutting interest rates. After the S&P 500 index strengthened for the eighth consecutive day on Monday, traders took a brief pause. Stock trading volume has decreased, as investors are reluctant to make large bets ahead of this week's Jackson Hole Economic Symposium.

Kyle Rodda, senior market analyst at Capital.Com Inc., stated, "What we are seeing is that a recent series of data has alleviated concerns about a slowdown in U.S. economic growth, while also not triggering worries about a renewed acceleration of inflation."