Reported about 6 hours ago
U.S. stock futures fell as the Senate prepared to confirm President Trump's Fed nominee Stephen Miran. The Dow, S&P 500, and Nasdaq futures dropped 0.1% following a record-setting day on Wall Street. Miran's confirmation comes just before crucial decisions on interest rates, raising concerns over Fed independence amid ongoing U.S.-China trade talks and expectations for a potential rate cut. Investors are also awaiting retail sales data amidst inflation and labor market uncertainties.
Source: YAHOO