Reported 20 days ago
US futures are in a holding pattern as markets prepare for the Federal Reserve's pivotal interest rate decision, marking its first cut since 2020. With speculation on whether a 0.5% or 0.25% reduction will occur, futures for the Dow, S&P 500, and Nasdaq 100 saw a slight increase. Investors are keenly watching economic indicators, including a surge in housing starts amid declining mortgage rates, while tech giants like Microsoft and Google are making headlines with significant investments and legal victories.
Source: YAHOO