Reported 2 months ago
Futures for major Wall Street indexes started August positively, lifted by expectations of a Federal Reserve rate cut in September and strong sales forecasts from Meta, which saw a 6.5% increase after surpassing revenue expectations. Despite some pullback in megacap and chip stocks, most large companies, including Apple and Amazon, saw gains ahead of their earnings announcements. Investors remain cautious as they anticipate economic indicators and the central bank's future policy decisions.
Source: YAHOO