Reported 1 day ago
US stock futures struggled today as Wall Street awaited an inflation update, responding to a recent consumer price report that diminished hopes for Federal Reserve interest rate cuts. The Dow Jones Industrial Average futures remained flat, following a significant drop in the previous session, while S&P 500 futures also showed little change. Meanwhile, Nasdaq 100 futures experienced a slight decline after a warning from ASML regarding growth concerns tied to tariffs. Traders are now speculating that the Fed might hold rates steady not only this month but in September as well.
Source: YAHOO