Reported 2 months ago
U.S. equity futures are showing signs of rebounding after a severe selloff, with noteworthy gains from companies like Uber and Caterpillar following positive earnings reports. Despite yesterday's steep market declines, where the S&P 500 and Nasdaq saw their largest single-day drops in over two years, investors are cautiously returning to risk markets. Focus now shifts to the Federal Reserve's upcoming rate decisions, with expectations for a potential interest rate cut in September fueled by recent economic data.
Source: YAHOO