The Wall Street stock market is sluggish, and investors are focusing on retail performance and the Jackson Hole Summit

The major stock indices on Wall Street showed a lackluster performance on Monday, with the market calm at the beginning of the week as major retailers released their corporate earnings reports. The Federal Reserve will also hold its annual symposium in Jackson Hole. Investors will closely monitor the reports from companies such as Walmart WMT.N, Home Depot HD.N, and Target TGT.N this week to determine how trade uncertainties and inflation expectations are affecting American consumers. Data released last Friday indicated that although retail sales saw a significant increase as expected, overall consumer confidence was hit by heightened inflation concerns. "Many retailers and companies producing goods have placed orders in advance. Therefore, from an earnings perspective, their performance is likely to align with expectations, and even if it exceeds expectations, the extent may be minimal," said Michael Matousek, chief trader at U.S. Global Investors. Recent data also suggests that although U.S. tariffs have not yet permeated overall consumer prices, weakness in the labor market may prompt the central bank to adopt a more dovish stance. The market hopes that the Federal Reserve's meeting from August 21 to 23 in Jackson Hole, Wyoming, will provide clearer insights into the economic outlook and the central bank's policy framework