US stock futures climbed on Thursday, setting the Dow up for a rebound as investors hunting for interest-rate clues shifted focus to the coming US jobs report. Dow Jones Industrial Average futures rose roughly 0.3%, coming off three losing days in a row for the blue-chip index. S&P 500 futures put on 0.3%, while contracts on the tech-heavy Nasdaq 100 popped about 0.4%, with both gauges building on closing gains.
By sticking to the same tune — that the Fed will cut rates this year, but will choose its moment given inflation's bumpy path downward — Powell appears to have put the debate to rest for now. Focus is now shifting to the March jobs report, due out Friday morning, a key economic input for the Fed's data-dependent policy decision-making. By and large, experts don't expect to see any sign of cracks in the strong US labor market story.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Stock market today: Dow slides, Nasdaq closes at record to cap winning weekThe prospect of a reversal from interest-rate hikes continues to buoy investors' spirits.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Dow sinks more than 400 points, yields rise to 2024 highsInvestors are growing gloomy about the chances the Fed will delay a rate cut until the second half of the year.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Dow sinks nearly 400 points, yields rise to 2024 highsInvestors are growing gloomy about the chances the Fed will delay a rate cut until the second half of the year.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Dow futures sink over 100 points as doldrums persistInvestors are growing gloomy about the chances the Fed will delay a rate cut until the second half of the year.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »