Shifting Fortunes: Wall Street Awaits Retail Giants' Earnings and Central Bank Insights

U.S. stock index futures fluctuated as investors turned their attention to upcoming earnings reports from major retailers and the central bank's annual conference in Jackson Hole. Economic policies, geopolitical tensions, and market data also influenced trading, while merger talks and tariff expansions were focal points for market watchers.

U.S. stock index futures witnessed fluctuations on Monday, providing a pause in a recent rally as investors shifted focus to imminent earnings from major retailers and this week's central bank conference in Jackson Hole.

Geopolitical tensions also attracted attention amid President Donald Trump's discussions on Ukraine, while Wall Street's main indexes have been buoyant, with recent high points influenced by anticipated interest rate cuts despite trade uncertainties.

Investors will closely watch upcoming earnings reports from Walmart, Home Depot, and Target. The Federal Reserve's August conference could offer economic clarity, while recent trade policies and mergers, like Dayforce's potential acquisition, are also shaping market dynamics.

(With inputs from agencies.)