Stock Market Today: Stocks extend run as markets see Fed rate cuts on the horizion

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Stock Market Today: Stocks extend run as markets see Fed rate cuts on the horizion
Nederland Laatste Nieuws,Nederland Headlines

Stocks will enter this week much as they ended last, with investors looking for Fed rate cuts amid a modestly slowing economy and a cooling labor market.

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U.S. equity futures edged higher Monday, following on the from the best week for the S&P 500 benchmark since November of last year, as investors pulled rate cut bets forward into early spring following a muted jobs report dovish Fed signaling.

The combination of slowing jobs growth, solid third earnings prospects and an economy that is still showing resilient health, investors are betting on both a near-term soft landing with the prosect of policy easing over the mid-term. On Wall Street, with stocks heading into a week relatively bereft of heading risks, futures contracts tied to the S&P 500 are indicating a modest 9 point gain to add to last week's 5.8% advance while those linked to the Dow Jones Industrial Average are likely to rise around 37 points.

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Nederland Laatste Nieuws, Nederland Headlines

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