Stock futures are little changed after Fed signals rate cuts are imminent: Live updates
Posted on AllSides August 26th, 2024
From The Center
Stock futures were little changed Monday as investors look to push equities back to record-high levels now that the Federal Reserve indicated that rate cuts are forthcoming.
Futures tied to the S&P 500 climbed 0.1%, while Nasdaq-100 futures were flat. Dow Jones Industrial Average futures rose 44 points.
Stocks are coming off of a strong week that was highlighted by comments from Fed Chair Jerome Powell that interest rates cuts are on the horizon. Wall Street has been anxiously awaiting a rate cut, especially in light of some worrying economic data that sparked a sell-off...
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