Reported about 9 hours ago
Wall Street futures experienced a rebound on Monday, stabilizing after a significant selloff fueled by a disappointing jobs report. As investors anticipated potential interest rate cuts by the Federal Reserve, the Dow E-minis rose by 294 points, while the S&P 500 and Nasdaq 100 also showed gains. Last Friday, concerns over new tariffs and labor market weaknesses led to the S&P 500's largest decline in over two months. Analysts predict an 80% chance for a rate cut in September, amid ongoing tensions between the Federal Reserve and the White House.
Source: YAHOO