Among the Nasdaq 100 stocks, Analog Devices ADI and Palo Alto Networks PANW rallied 3.7% and 1.6%, respectively, making them some of the best performers at the market open. On the downside, Intel INTC and Micron Technology MU tumbled 4.1% and 3.6%, respectively.

Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.

Policymaker sentiment will take a front seat heading into the annual Jackson Hole central banking summit.

Futures for the Dow Jones Industrial Average and other major stock indexes traded sharply mixed Friday as Wall Street reacted to the U.S. retail sales report. Meanwhile, UnitedHealth GroupUNH soared on the stock market today after famed investor Warren Buffett disclosed a new position.

Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.

US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. A meeting between President Trump and Russian President Vladimir Putin was also in focus as traders looked for clues on how the outcome could steer markets.

The Dow rose 0.7%, or more than 325 points. The S&P 500 gained 0.1% and the tech-heavy Nasdaq composite traded nearly flat, trimming stronger gains. The S&P 500 and the Nasdaq closed at record highs on Tuesday as traders pushed rate-cut odds to 99% for the Federal Reserve's September meeting following July inflation and employment data.