ChainCatcher message, analysts have indicated that after the latest economic data strengthened expectations for multiple rate cuts by the Federal Reserve this year, U.S. stock index futures rose slightly. U.S. Treasury yields remained almost unchanged, and the market is poised for its longest consecutive rise since 2021. The PCE index, favored by the Federal Reserve as a measure of potential U.S. inflation, rose moderately in July, while household spending remained robust.Federal Reserve Chairman Powell stated last week that the time has come for the Federal Reserve to lower its key policy interest rate. He affirmed expectations that Fed officials will begin to reduce borrowing costs next month and clearly indicated his intention to prevent further cooling of the labor market. (Jin Shi)

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."

ChainCatcher news, according to market data, U.S. stock index futures have widened their declines, with the Dow down 1.14%, Nasdaq futures down 5.39%, and S&P 500 index futures down 2.69%.