New Delhi, Aug. 28 -- US stock markets rose on Friday as investors awaited Federal Reserve Chair Kevin Warsh's closely watched speech at the Jackson Hole economic symposium, looking for clues about the central bank's future monetary policy.

Investors were particularly focused on whether Warsh would provide greater clarity on the outlook for interest rates and inflation. His communication has attracted criticism during his tenure, with some investors viewing his comments at press conferences as unclear or sending mixed signals on inflation and other economic issues.

As of 10:45 a.m. Eastern Time, the S&P 500 rose 0.3%. The Dow Jones Industrial Average was up 0.2%, and the Nasdaq Composite was 0.3% higher.

At the open, the Dow Jones Indu...