Good morning. Today is Monday, August 25th. I'm Rina Sherble, filling in for the incomparable Julie Morgan, who will be off all week.

Our top stories today, stock futures are slightly lower after

the Dow's record close, home sales are falling, and Abercombeian Fitch partner with the NFL.

Stock index futures were slightly lower on Monday after the Dow notched a record close on Friday

following Federal Reserve

Chair Jerome Powell's remarks at Jackson Hole. SMP 500 futures were down, NASDAQ 100 futures

were down, and Dow futures were down all 0.1%. The 10-year treasury yield was flat at 4.2%. The two-year rose one basis point to 3.7%.

Regarding the Jackson Hole comments last week, UBS's Paul Donovan said,

Powell's speech at Jackson Hole last week was classic Powell. That is not a terribly good thing.

Powell signaled an increased probability of a September

rate cut to counter the damage of trade taxes on the U.S. economy, markets like that. But this

was essentially the data-dependent mantra padded with additional rhetoric. For those looking for

more insight into Powell's remarks at Jackson Hole, don't sleep on the investing experts conversation.

We mentioned in Friday's Wall Street Roundup with Danielle DeMartino Booth.

That is a full episode up on our investing experts podcast.

Now, investors will be keeping their eye on the

NVIDIA results slated to come on Wednesday after the market close. Deutsche Bank's Peter Sitterov

said, finally, the big event in corporate earnings will be NVIDIA's results, which come as tech

stocks had seen their biggest five-day pullback

since April prior to Friday's rally. Kim Con did a deeper dive into Nvidia's upcoming earnings

on Sunday's Wall Street brunch. Check that out. And on Friday, the July PCE Price Index report

will be coming in.

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