US futures tick higher amid hopes Fed is done with hikes: Stock market news today

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Dovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.

Wall Street stock futures nudged higher on Tuesday amid growing hopes the Federal Reserve is done with interest-rate hikes for now, but with investors still cautious as the Middle East conflict escalated.in credit conditions the central bank is looking for. That could give policymakers a reason to call an end to raising rates in this cycle, some analysts believe.Easing some pressure on stocks, yields on Treasuries dropped as trading reopened on Tuesday after closing for a holiday.

'The whole banking sector is uninvestable': Steve Eisman of 'Big Short' fame warns about mounting challenges for financial institutions. Here's what he's betting on instead -- Executives at one of China’s largest copper trading houses have lost contact with the company’s founder and believe that he has been detained by police for questioning, according to people familiar with the matter.

 

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