Fed Outlook Caps Wall Street Pre-Bell; Asia, Europe Up

07:06 AM EDT, 08/28/2026 (MT Newswires) -- Wall Street futures pointed modestly lower pre-bell Friday as traders paused ahead of Federal Reserve Chairman Kevin Warsh's 10 am ET presentation, scheduled at the central bank's annual symposium in Wyoming. In the futures, the SP 500 fell 0.1%, the Nasdaq declined 0.3%, and the Dow Jones was steady. West Texas Intermediate crude oil traded down 0.4% to $83.24. Asian exchanges traded unevenly higher overnight, while European bourses tracked moderately north at midday on the continent. PayPal (PYPL) traded down 14.7% pre-bell after media reports that a takeover bid for the digital payment platform from Advent and Stripe had fizzled. On the economic calendar is the Chicago PMI for August at 9:45, followed by the University of Michigan consumer sentiment report for August at 10 am. The weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm. In pre-market action, Bitcoin traded at $79,346, and 10-year US Treasuries offered 4.69%. Spot gold commanded $4,605 an ounce.