Wall Street's main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the Federal Reserve's annual symposium in Jackson Hole.

Wall Street’s major averages finished a muted on Monday as investors shift their focus to a wave of retail earnings and Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium later this week.

A big week is coming up for the central bank as the Kansas City Fed’s annual Economic Policy Symposium kicks off Thursday in Jackson Hole, Wyoming. The prestigious event in the Grand Teton mountains has been used by Fed chairs as a venue for making crucial policy announcements.