One of Powell's Words Gives Wall Street a Lift

Stocks rise on Wall Street for first winning week since July after Federal Reserve says it will proceed carefully with interest rates.

Stock futures indicate a flat start for Wall Street, following the S&P 500's recent winning streak and strong performance.

Wall Street rises ahead of new inflation and jobs data that could impact Federal Reserve's policy decisions, as futures for the Dow Jones and S&P 500 increase, while Dollar General falls 16% and software company Salesforce rallies 6% in premarket.

Wall Street started the month of September on a high note after a rocky August, with Dow futures up by 127 points, S&P futures 0.3% higher, and Nasdaq futures up by about 0.15%, as investors await Friday's crucial jobs report which is expected to show that the labor market will stay in a sweet spot.

Wall Street finished the week with a decline in stocks, as the S&P 500 posted its second consecutive losing week, with technology and retail sectors contributing to the slide, while investors await the upcoming Federal Reserve interest rate policy meeting.

Wall Street stock futures rise as traders await the Federal Reserve's decision on interest rates, with expectations of a steady hold, while also monitoring future rate hikes and the central bank's "dot plot" signals.