Market hoping for solid Fed signals at Jackson Hole

Jay Powell, a key figure in U.S. monetary policy, discusses the upcoming economic symposium where he will convey expectations around interest rate changes. The market is eagerly anticipating potential signals from him regarding a September cut. Meanwhile, there's buzz about Target's earnings amid strong fundamentals, as well as the recent shut down of X in Brazil. Goldman Sachs even reduced U.S. recession risks based on optimistic economic data, adding fuel to the lively market conversations.