Stock futures for the S&P 500 and Nasdaq rose slightly as investors analyzed Fed Chair Jerome Powell’s cautious remarks. Debate among policymakers continues on the need for aggressive rate cuts to support the job market without reigniting inflation. Market awaits key economic data and signals from regional Fed officials.

Powell emphasized the delicate balance between managing inflation risks and addressing a potential softening labor market. Dow, S&P 500, and Nasdaq futures inched higher, fueled by expectations for more easing after last week’s rate cut. Concerns over inflated stock valuations persist as investors eye inflation data and housing market trends.

Investors closely watch personal consumption expenditures data and housing market stats for insights into consumer demand and builder sentiment. Market sentiment may be influenced by upcoming speeches from Fed officials, including Federal Reserve Bank of San Francisco President Mary Daly. Stock of Lithium Americas surges on news of potential equity stake from Trump administration.

Read more at Yahoo Finance: S&P 500, Nasdaq futures tick up as investors weigh Powell’s remarks