Stock market news today: Dow set to build on rally as huge week for markets kicks off

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Federal Reserve Notícia

Earnings This Week,US Stock Futures,Dow

Investors are bracing for a big week filled with a Fed rate decision, the jobs report and Big Tech earnings.

The Dow was set to pick up on its rally on Monday, as US stock futures rose ahead of a big week filled with a Federal Reserve rate decision, the jobs report and Big Tech earnings. Dow Jones Industrial Average futures moved up roughly 0.4%, coming off a surge of over 650 points for the blue-chip index. S&P 500 futures also added 0.4%, while contracts on the tech-heavy Nasdaq 100 were up roughly 0.6%.

No move is expected from the Federal Reserve at the end of its meeting on Wednesday, despite signs the US economy and inflation have hit a sweet spot. Many on Wall Street see other reasons for the central bank to wait until September to act.

 

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