U.S. stock futures were mostly flat, with the S&P 500 taking a breather after eight straight days of gains

BlockBeats news, on August 20, U.S. stock index futures were basically flat, continuing the strong trend of the previous day, and the market bet that the Federal Reserve will soon send a signal that it is ready to start cutting interest rates. Traders took a breather after the S&P 500 index strengthened for the eighth consecutive day on Monday.

Stock trading volume has declined, and investors are reluctant to make big bets before the Jackson Hole Economic Symposium this week. Kyle Rodda, senior market analyst at Capital.Com Inc., said, "What we have seen is that a series of recent data has eased concerns about slowing U.S. economic growth, while also not causing concerns about re-acceleration of inflation." (Jinshi)