Reported about 22 hours ago
U.S. stock index futures saw a decline as investors recalibrated their expectations for Federal Reserve rate cuts in 2025 following strong payroll numbers. Key indices such as the Dow, S&P 500, and Nasdaq fell, with the Russell 2000 touching its lowest point since September 2024. Market analysts attribute this shift to a robust labor market and rising inflation, complicating the Fed's ability to cut rates further. In premarket trading, major tech stocks like Tesla and Nvidia experienced significant losses.
Source: YAHOO