US stock futures muted with Q3 earnings, Fed cues in focus

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

US stock futures muted with Q3 earnings, Fed cues in focus

Investing.com-- U.S. stock index futures fell slightly in evening deals on Sunday as investors hunkered down before the third-quarter earnings season picked this week, while anticipation of more cues on interest rates also weighed.

A slew of Fed speakers are set to provide more cues on interest rates this week, while some economic data is also expected to factor into the outlook.The third-quarter earnings season is set to pick up in earnest this week, with Wall Street majors including Johnson & Johnson (NYSE: Earnings from the tech sector will also be closely watched for more cues on artificial intelligence-driven demand, especially for the chipmaking sector.The US500 rose 0.6% to a record high of 5,815.03 points, while the DJI surged nearly 1% to a record high of 42,863.86 points. The IXIC lagged, rising 0.3% to 18,342.94 points.

Focus this week is now on addresses from a string of Fed officials, which are likely to provide more cues on the central bank’s plans to cut interest rates further.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Fed officials express mixed views on labor market strength and future rate hikesCNBC Daily Open delivers a roundup of key financial news, including diverging opinions from Fed officials on the labor market's health and the pace of future interest rate increases. The report highlights remarks by Minneapolis Fed President Neel Kashkari, Atlanta Fed President Raphael Bostic, and Chicago Fed President Austan Goolsbee.
Source: NBCLA - 🏆 319. / 59 Read more »

Stock Market Today: Dow hits a fresh record high ahead of the key Fed meetingStock Market Today: Dow hits a fresh record high ahead of the key Fed meeting
Source: Investingcom - 🏆 450. / 53 Read more »