U.S. stock futures climb ahead of Fed outcome, more earnings

U.S. stock futures climbed on Wednesday, with the outcome of a Federal Reserve meeting in the spotlight, along with a fresh batch of earnings from Boeing, Tesla and other big names.How are stock-index futures trading? On Tuesday, the Dow industrials DJIA, -0.19% fell 66.77 points, or 0.2%, to close at 34,297.73. The index saw a more than 800-point drop at its session low early Tuesday, followed by a rise in the afternoon. The S&P 500 SPX, -1.22% declined 53.68 points, or 1.

“Yesterday, major U.S. indices went from tears to laughter then back to tears, again,” said Ipek Ozkardeskaya, senior analyst at Swissquote, in a note to clients. “As such, seeking a dip has become a difficult exercise, and the strong corporate results have a little impact on the market’s bad faith these days.”

Markets largely expect the first Fed interest-rate hike won’t arrive until March, but Wednesday’s outcome and comments will still garner close attention. A decision will be announced at 2 p.m. Eastern Time, followed by a news conference with Chair Jerome Powell at 2:30 p.m. Eastern. Data released Tuesday showed slippage in consumer confidence, on the back of high prices and the highly contagious omicron variant of the coronavirus that causes COVID-19. Apart from the Fed outcome, an advance report on trade in goods is due at 8:30 a.m. Eastern, followed by new home sales starts at 10 a.m. Eastern, both for December.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stock futures return to losing ways with big Fed decision, earnings wave on tapU.S. stock futures fell Monday morning, continuing the downtrend that has pressured stocks this year.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

The Stock Market Slide Is Unlikely to Budge the Fed From TighteningBoth Goldman Sachs and Bank of America have said in recent days that they see the Fed continuing to tighten to address inflation pressures.
La source: NBCDFW - 🏆 288. / 63 Lire la suite »

Stocks climb back after steep slide on Fed, Ukraine jittersStocks finished a volatile day slightly higher on Monday after reversing a steep slide caused by uncertainty over inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine. A late-day buying spree pushed the benchmark S&P 500 index to a 0.3% gain after pulling it out of so-called correction territory — a drop of 10% or more from its recent high. “We’re in this wait-and-see mode, which is almost the most uncomfortable place to be, so I think the market is really grappling with that,” said Lindsey Bell, chief markets and money strategist at Ally Invest. The stock market is not the economy.
La source: YahooNews - 🏆 380. / 59 Lire la suite »

Stocks climb back after steep slide on Fed, Ukraine jittersA volatile day on Wall Street ended Monday with stocks notching modest gains after climbing back from a steep slide that had knocked more than 1,200 points off the Dow Jones Industrial Average.
La source: AKNewsNow - 🏆 460. / 53 Lire la suite »