Dow futures drop 200 points as Fed decision, tech earnings await

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

U.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key...

U.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key technology-sector earnings.

The... U.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key technology-sector earnings. The S&P 500 has pushed 6% higher this year, and riskier plays such as the ARK Innovation ETF ARKK have done even better, with Cathie Wood’s flagship fund up 29% in 2023.

Over the weekend, The Wall Street Journal focused on Fed staffers’ view of inflation, and in particular their worries that job-matching will remain inefficient, which suggests price pressures could persist despite recent data showing a sharp decline in goods inflation.

 

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:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines