Fed, Jerome Powell and Stock futures
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Traders appeared more certain that the Federal Reserve will cut interest rates at its monetary-policy meeting next month as Fed Chair Jerome Powell delivered remarks Friday at the annual Jackson Hole Economic Policy Symposium in Wyoming.
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Futures for the main stock indexes were mostly pointing down after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple,
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.
U.S. stock index futures edged lower on Thursday, as investors analyzed big-box retailer Walmart's quarterly results for clues about the health of the American consumer, ahead of the Federal Reserve's three-day conference in Jackson Hole.
Gold futures fell but remained broadly rangebound in muted trading. The market remained fixed on the outlook for U.S. interest rates.
With U.S. jobs data flashing weakness and Trump rattling the Fed’s leadership, traders are upping their rate-cut bets, dragging Canada’s main stock index lower this morning. Market Numbers (Futures) TSX : Down ( 0.09%) 27,853.669 TSXV: Down (0.80% ...
Dow, S&P 500, and Nasdaq futures are falling in premarket trading as the stock market braces for the Federal Reserve's minutes and any clues about interest-rate cuts.