India, Aug. 30 -- S&P 500 opens its Monday session with investor positioning being between solid profit growth and a hawkish stance from the Fed. As of Friday close, the S&P 500 was seen at 7,711.76, off by 0.25% from Friday's close, with S&P 500 futures last trading near 7,722. From the numbers provided, that suggests a slight upside open at 7,731.76.

Fed Policy Takes Centre Stage

The comments made by the chairman of the Federal Reserve, Kevin Warsh, at the Jackson Hole conference have caused the market's attention to swing once again to the inflation and interest rate concerns. Warsh has stated that the target for inflation of the Fed, which is 2%, has remained unchanged and that there is still some work to be done if they are unsure ...