Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.

Futures for the Dow Jones Industrial Average and other major stock indexes traded higher Friday as Wall Street braced for a critical monetary policy speech from Federal Reserve Chairman Jerome Powell. Meanwhile, Nvidia NVDA fell on the stock market today after reportedly asking suppliers to stop work on its H20 artificial intelligence chip.

Follow along to what could be a pivotal day in markets with all eyes trained on Jackson Hole, Wyo.

Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.

Real estate specialist Opendoor Technologies (NASDAQ: OPEN) jumped 11.8% to close at $3.60 on Thursday, outpacing both its sector peers and the broader market. Opendoor stock traded on volume of 199 million shares, just a bit under its 3-month average, as investors responded positively to bullish housing data.

Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's speech on Friday.

US stock futures wavered just above the flatline as Wall Street readied for the main event of the week: Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium in Wyoming.