US futures are waiting for the Jackson Hole summit, PMI Data By Investing.com

Investing.com – US futures were down slightly on Thursday as investors waited for more details on Fed policy at the central bank's three-day rally in Jackson Hole, Wyoming.

The annual meeting held a day later revealed a three-fold division of the Fed's decision to reduce the target range for federal funds interest rates by 25 basis points, its first reduction. for a decade.

Patrick, the chairman of the Philadelphia Fed, and Fed chairman Robert are expected to speak on the US economy later in the session.

fell 21 points or 0.3% at 6:40 am ET (10:40 GMT), down 35 points or 0.1% and down 4 points or 0.2%.

Nordstrom (NYSE 🙂 stock jumped 11.5% in pre-market data after the retailer posted solid second quarter results, despite forecasts of missing sales. The company announced an adjusted earnings per share of $ 0.90 on a business turnover of $ 3.87 billion, but lowered its guidance for the full year regarding net sales and profit.

Nordstrom has partnered with a group of retailers for publishing upbeat results during the quarter, highlighting the current strength of domestic consumption.

Facebook (NASDAQ 🙂 fell 0.4% after announcing the closure of 216 pages, groups and social media accounts in Myanmar, to prevent any attempt at "manipulation or corruption of public debate". Tesla (NASDAQ 🙂 fell 0.7%, while Apple (NASDAQ 🙂 fell 0.3% and Microsoft (NASDAQ 🙂 lost 0.6%.

On the data front, the weeklies will be released at 8:30 am ET (12:30 pm GMT), while the PMI (PMI) and service indices for August will be released at 9:45 am ET (1:45 pm GMT). The Japanese and European SMIs had already indicated that the global crisis in the manufacturing sector showed no signs of an impending end.

Salesforce.com (NYSE :), Gap (NYSE 🙂 and Dick's Sporting Goods (NYSE 🙂 are among the expected results on Thursday.

In commodities, it rose 0.7% to 56.05 dollars a barrel. lost 0.6% to $ 1,506.35 troy ounce, while the index, which measures the greenback versus a basket of six major currencies, rose 0.1% to 98.227.