Stock market today: Nasdaq leads US futures higher ahead of Powell's Jackson Hole speech

US stock futures climbed on Friday in the run-up to a pivotal speech by Federal Reserve Chair Jerome Powell that is likelySpirits have turned buoyant as a day of reckoning for rate-cut bets finally arrives, after a week of mounting anticipation for what Powell will reveal in his comments Friday morning at Jackson Hole.on the depth of the cut.

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