U.S. inventory futures fell barely on Wednesday evening after the key averages closed out August with losses and buyers thought of the Federal Reserve’s battle towards inflation.

Dow Jones Industrial Common futures fell by 51 factors, or 0.16%. S&P 500 and Nasdaq 100 futures declined 0.33% and 0.6%, respectively.

Shares of Nutanix surged 21% in prolonged buying and selling after the cloud computing firm’s quarterly outcomes topped estimates and it issued robust income steerage.

These strikes observe 4 straight days of losses within the main averages. On the ultimate day of August, the Dow Jones Industrial Common slid almost 0.9%. The S&P 500 misplaced about 0.8%, and the Nasdaq Composite fell roughly 0.6%.

The Dow closed the month down about 4.1%, whereas the S&P and Nasdaq recorded losses of 4.2% and 4.6%, respectively.

Buyers are debating whether or not shares will once more problem the June lows in September, a traditionally poor month for markets, after weighing current hawkish feedback from Fed officers who present no indicators of easing up on rate of interest hikes.

On Wednesday, Cleveland Federal Reserve President Loretta Mester mentioned she expects rates of interest to rise above 4% earlier than the central financial institution can begin pulling again. The present fed funds charge is 2.25%-2.50.

“If we retest the lows, I believe it occurs in September,” SoFi’s Liz Younger mentioned Wednesday on CNBC’s “Closing Bell: Additional time.”

Nevertheless, she added, “I believe so as to take action, one thing must get materially worse than it was on June 16,” when shares bottomed, akin to earnings revisions that are available worse than buyers predict.