The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an upbeat tone on a September interest-rate cut.

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. NvidiaNVDA looms large this week after Friday's big stock market rally on Fed Chief Jerome Powell's dovish Jackson Hole speech.

If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.

Oracle Corp. closed 9.39% below its 52-week high of $260.87, which the company reached on July 31st.

Trump’s tariffs and the outlook for interest rates continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The U.S. market is top-heavy, with Nvidia occupying a bigger weight than any company in modern history. Risks abound, our columnist says.

Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's speech on Friday.