US index futures declined, primarily reflecting the downturn in Europe, where a series of earnings-related fluctuations impacted various individual stocks and weakened overall market sentiment. In the United States, the US dollar demonstrated a notable recovery following a series of predominantly positive economic indicators released yesterday, alongside the minutes from the January FOMC meeting, which Read More
In January, U.S. consumer price increases moderated more than expected, approaching the Federal Reserve’s 2% target, largely due to a decline in energy prices. Headline U.S. consumer prices increased by 2.4% in the twelve months leading up to January, falling short of estimates of 2.5% and down from December’s rate of 2.7%. On a monthly Read More
Nasdaq futures indicated a lower opening on Monday, setting the stage for a week filled with technology earnings reports and the Federal Reserve’s interest rate decision, as gold futures exceeded $5,000 an ounce for the first time. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average indicated declines of 0.4%, 0.2%, and Read More
Morgan Stanley has returned to an earlier prediction for a quarter-point interest rate reduction by the Federal Reserve at the central bank’s forthcoming meeting this month. The lender has abandoned its prediction for a 25-basis point reduction at the conclusion of the Fed’s December 9-10 meeting, subsequent to the release of a robust employment report Read More
Nasdaq Futures rise on Friday, with investors awaiting a key inflation report for confirmation that the Federal Reserve will cut interest rates next week. At 05:40, Dow Jones Futures slipped 18 points, or 0.1%, while S&P 500 Futures gained 11 points, or 0.2%, and Nasdaq 100 Futures rose 104 points, or 0.4%. The main averages Read More
