U.S. stock index futures slipped on Monday, pausing after strong gains in the previous session, when Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be under consideration at the central bank's meeting next month.

World shares were mixed on Monday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way. European markets opened lower, with Germany's DAX down 0.2% at 24,305.67,

Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be on the way

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.

Federal Reserve Chair Jerome Powell is preparing to deliver what’s likely his final keynote at the Fed’s annual Jackson Hole gathering.

Markets interpreted Powell’s Jackson Hole remarks as dovish, anticipating a September rate cut, fueling a strong rally in stocks and bonds. Read more here.