Futures climb as focus shifts to Powell at Jackson Hole, Nvidia earnings

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(Reuters) - U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues on interest rates from an ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues on interest rates from an upcoming gathering of central bank policymakers in Jackson Hole, as well as quarterly report from Nvidia.

The yield on the 10-year note was up at 4.28% on Monday and a breach above 4.338% would take it to levels not seen since 2007. Traders' bets of a pause in rate hikes in September stood at nearly 89%, according to the CME Group's Fedwatch tool.

 

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