The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.

The U.S. dollar gained for a third straight session on Wednesday as traders awaited the Federal Reserve's annual Jackson Hole symposium this week for clues on the path of monetary policy.

The Jackson Hole Symposium (Aug 21-23, 2025) has investors focused on Fed Chair Powell’s speech for rate cut signals. Inflation at 2.7% and unemployment at 4.3% create uncertainty. Trump’s 50% tariffs on India over Russian oil imports escalate tensions,

Shares in Asia fell on Wednesday, weighed down by a tech-led selloff on Wall Street, while the dollar gained some ground ahead of a key meeting of central bankers later in the week.

Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.