The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home to big policy announcements from the Fed in the past, and the hope on Wall Street is that Powell will hint that an interest rate cut is coming soon.

China's Sinopec , reported a 39.8% drop in interim net profit due to lower oil prices, weaker fuel demand and as industry overcapacity weighs on margins at its chemicals business.

BHP's shift in focus from iron ore to copper helped the company report a stronger than expected profit for the 2025 financial year

Lowe's explained that with the addition of ADG, it was raising its full-year outlook for sales to $84.5 billion to $85.5 billion from the earlier prediction of $83.5 billion to $84.5 billion. Yesterday, rival Home Depot ( HD) affirmed its guidance as it saw demand growing.

Though still deep into red ink, beef packer margins improved last week as the Comprehensive Beef Cutout posted sharp gains last week to average $379.51/cwt. compared to $367.72/cwt. the prior week.

There are reports Manchester United are ready to spend up to €40m for Sevilla midfielder Lucien Agoumé, which would give Inter a big profit on top.The 23-year-old first joined Inter from FC

BHP said annual profit fell to the lowest in five years as sluggish demand from China weighed on iron ore prices and flagged a cut in capital and exploration spending but declared a bigger-than-expected final dividend,