U.S. stock futures inched higher Friday as investors await news out of Jackson Hole, Wyoming, where Federal Reserve Chair Jerome Powell is set to speak later this morning.

S&P 500 futures were up 15 points, or 0.2%, as of 8:55 a.m. EST, while Dow Jones Industrial Average futures added 140 points, or 0.3%. Tech-heavy Nasdaq Composite futures were up 0.2%.

World shares were mixed, in response to a drop in Walmart stock Thursday and as investors eagerly hope for signs of a rate cut from the Fed.

Traders will be closely eyeing Fed Chair Powell's speech at the Jackson Hole economic forum to see if he hints at a potential rate cut at the central bank's next meeting, which is scheduled for Sept. 17. The central leader is expected to speak at 10 a.m. at the event hosted by the Federal Res

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