U.S. stock futures slip as chances of rate hike rise after Warsh’s Jackson Hole comments

U.S. stock-index futures edged lower Sunday evening as traders reopened after the weekend and weighed fresh signals from the Federal Reserve’s annual Jackson Hole symposium. Kevin Warsh’s comments there were interpreted as leaning hawkish, prompting some market participants to increase bets on another interest-rate hike.

Warsh’s remarks underscored the central bank’s concern about sticky inflation, pushing back against expectations for imminent rate cuts. The shift in tone adds uncertainty to a market that had grown accustomed to the prospect of easing policy. As a result, Treasury yields moved higher, putting pressure on equity valuations, particularly in rate-sensitive sectors.

Attention now turns to upcoming U.S. labor market data and quarterly results from major technology companies later this week. Strong employment figures could reinforce the case for tighter policy, while tech earnings will show whether corporate profits can withstand a higher-for-longer rate environment. Taken together, these releases will help shape the near-term direction for risk assets.