Mixed Trading in US Stock Futures as Investors Await Economic Data

Reported 3 months ago

US stock futures began the new quarter with mixed signals, as Dow futures slipped by 0.2%, while S&P 500 futures remained steady just below neutral levels. Investors are closely watching for upcoming job and manufacturing data that could impact predictions about interest rate cuts. Federal Reserve Chair Jerome Powell's recent remarks hinted at a slower approach to rate cuts, leading to reduced bets from traders. Meanwhile, ongoing industrial strikes and geopolitical tensions in the Middle East add further uncertainty to the market outlook.

Source: YAHOO

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