U.S. stock futures were little changed, extending a strong run the previous day as markets bet the Federal Reserve would soon signal it was ready to start cutting interest rates. Traders took a breather after the S&P 500 rose for an eighth straight day on Monday. Stock volume was down as investors were reluctant to make big bets ahead of this week's Jackson Hole Economic Symposium.
"What we've seen is that the recent series of data has eased concerns about slowing U.S. economic growth without raising concerns about a re-acceleration of inflation," said Kyle Rodda, senior market analyst at Capital.Com Inc. (Jinshi)