Stock market today: US futures rise with jumbo Fed cuts back on the table

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 45 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Nasdaq 100 Futures News

Federal Reserve,Basis Point,New York Fed

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up overnight.

US stock futures edged higher on Friday, setting the stage for strong weekly wins after Wall Street's expectations for a jumbo interest-rate cut by the Federal Reserve shot up overnight.) added 0.1% to point to a fifth day of gains for both gauges amid a comeback for tech stocks. Dow Jones Industrial Average futures fell early Friday, down 3 basis points at around 3.65%. At the same time, the yield on 2-year notes, seen as sensitive to monetary policy, dropped to just above 3.58%.

This is the moment a teenage rugby league player scored a try and celebrated by revealing a t-shirt which read: "My mum beat cancer." Talented Declan Sullivan, 13, touched down for Haresfinch Under 14s and paid tribute to mum Sammi Sullivan, who recenty got the all-clear after a two-year cancer battle. Sammi, 34, was diagnosed with stage three breast and lung cancer in March 2022 and underwent intense chemo and radio therapies.

President Vladimir Putin has delivered a clear message to the West about the consequences it will face if it allows Ukraine to hit Russian territory with Western long-range missiles, the Kremlin said on Friday. Putin said on Thursday that the West would be directly fighting with Russia if it allowed Ukraine to strike Russian territory with Western-made long-range missiles, a move he said would alter the nature and scope of the conflict.

 

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

 /  🏆 47. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Stock market today: Wall Street climbs ahead of speech by Fed chief PowellNEW YORK (AP) — Stocks are climbing on Wall Street, but the market’s focus is thousands of miles to the west, where the head of the Federal Reserve is about to give a highly anticipated speech about interest rates. The S&P 500 was 0.
Source: SooToday - 🏆 8. / 85 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: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq rise as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
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 »