The stock market was upbeat on Friday as investors digest Federal Reserve Chair Jerome Powell's speech at Jackson Hole. S&P 500 (SP500) +1.3%, the Dow (DJI) +1.5%, and the Nasdaq Composite (COMP:IND) +1.

U.S. stock futures rose on Friday following Thursday's declines. Futures of major benchmark indices were higher.

U.S. equity futures slipped on Thursday, signaling continued weakness for Wall Street as investors brace for Federal Reserve Chair Jerome Powell’s appearance at the Jackson Hole Economic Symposium. Lingering uncertainty over the direction of interest rates has weighed heavily on sentiment,