The stock market is at highs, with Fed chief Powell set to give a big speech. Tesla, Micron and AppLovin are forging new buy points.

U.S. stock futures are lower after last week's gains on increased expectations for a Federal Reserve rate cut in September.

Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole,

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

In a post on his Truth Social social-media network, Trump again urged the Fed to lower interest rates, writing: “I am … considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings.”

Ga., plans to introduce his TOO LATE Act, which would change the Federal Reserve Act to give President Donald Trump more wiggle room to fire Federal Reserve Chair Jerome Powell.

Powell and dozens of other economists and policymakers from the U.S. and abroad could have a run-in with bats as they meet in Jackson Hole next week for an annual symposium.

Trump returned to his sharp critiques of the Fed chair, saying: “Jerome ‘Too Late’ Powell must NOW lower the rate” after the inflation report came in a bit cooler than expected.