Stock futures are little changed after Fed signals rate cuts are imminent: Live updates

Posted on AllSides August 26th, 2024
From The Center
Banking and Finance, Stock Market, Dow Jones, Federal Reserve, Interest Rates
NYSE

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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https://www.cnbc.com/2024/08/25/stock-futures-are-little-after-fed-signals-rate-cuts-are-imminent.html

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