India, Aug. 30 -- Monday's Nasdaq futures forecast for August 31, 2026, has taken a conservative turn after a difficult close on Wall Street last Friday. The Nasdaq-100 index fell 208.13 points to finish at 29,433.43, representing a 0.70% drop, while the S&P 500 index dropped 0.25% to end at 7,711.76. The Dow Jones barely made any change closing at 53,559.99. The primary reason for this market movement was the warning of the Fed chair Kevin Warsh in his speech at the Jackson Hole gathering.

Fed Policy Takes Centre Stage

Federal Reserve policies are expected to continue driving the performance of US equities as the market starts the new week. According to Warsh, inflation is still high with PCE 12-month inflation standing at 3.7% and six...