The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.

This week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday. Investors will be glued to Federal Reserve Chair Jerome Powell's speech, hoping for any insight into whether the central bank might kick off interest-rate cuts in September.

Gold held steady on Tuesday as investors awaited the Federal Reserve's Jackson Hole symposium later this week for cues into possible rate cuts and weighed Washington's efforts to end the war in Ukraine.