Stock market today: US futures stall as investors keep watchful eye on economy

US stock futures hit pause on Wednesday after Wall Street markets hit their latest all-time highs, as investors looked to upcoming data for clues to the health of the economy and the chances of another jumbo rate cut.. The debate centers on whether the Federal Reserve lowered rates by a bigger-than-usual 0.5% in response to a slowing in the economy, and what further malaise means for another hoped-for deep cut.level since 2022, according to MBA data released before the bell.

Data-watchers get the latest reading on home sales to scour for more insight later on Wednesday. But the spotlight is firmly on Thursday's second quarter GDP print and Friday's crucial reading on the PCE index — the inflation gauge favored by the Fed. The parade of Fed speakers continues with Governor Adriana Kugler, whose comments will likewise be scrutinized for insight into the size and pace of coming rate cuts when she appears later Wednesday.Uber is on an autonomous vehicle partnership spree. The ride-hail and delivery giant announced Wednesday a deal to bring WeRide’s robotaxis to the Uber platform starting in Abu Dhabi later this year. The WeRide tie up is Uber’s latest push to lock in AV partnerships.

Eddie Hearn has said he would play Saudi Arabia’s national anthem at every boxing event he promotes if the country bankrolling it asked him to.As part of our regular career clinic series, Jo Glynn-Smith gives advice to a reader who is struggling to make friends in her new roleHERNDON, Va., September 25, 2024--BlackSky Technology Inc. today announced the pricing of an underwritten public offering of 10,000,000 shares of its Class A common stock at a price to the public of $4.00 per share.

Donald Trump has been briefed by US intelligence officials about “real and specific” threats from Iran to assassinate him, his campaign has said.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: US stock futures tread water in wait for Fed's rate callInvestors are bracing for a crucial week dominated by the Fed's first interest-rate cut in four years.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US futures rise with jumbo Fed cuts back on the tableThe stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up overnight.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts in mixed trading ahead of Fed meeting this weekNEW YORK (AP) — U.S. stocks are drifting in mixed trading, offering a break from their whipsaw moves in recent weeks. The S&P 500 slipped 0.1% early Monday. The Dow Jones Industrial Average was up 255 points, or 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rallyWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US futures climb in wait for Fed-favored PCE inflation printThe market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks rise as Fed-favored PCE inflation print hits the markThe market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »