Reported about 8 hours ago
US stock futures increased as investors anticipate an imminent interest rate cut from the Federal Reserve. The Dow Jones, S&P 500, and Nasdaq saw modest gains amid growing confidence following recent economic data indicating a softening labor market. Additionally, speculations surrounding President Trump's search for a new Fed Chair added to the optimism, while the upcoming PCE inflation report is highly awaited for clues on future rate adjustments.
Source: YAHOO