Stock market today: US futures rise, Dow eyes 8th straight win as rate-cut hopes abound

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Dow News

US Stock Futures

Investors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.

US stock futures rose on Friday, setting the Dow up for an eighth straight day of gains as investors waited for a parade of Fed speakers to test a growing confidence that a rate cut is on the way. Dow Jones Industrial Average futures put on roughly 0.3%, with S&P 500 futures also gaining 0.3% on the heels of closing above 5,200 for the first time in a month. Contracts on the tech-heavy Nasdaq 100 were up 0.4%.

Read more: How does the labor market affect inflation? Given that, investors will listen closely to speeches from a packed line-up of Fed speakers on Friday for more insight into timing, pace and chance of an easing in policy. Michelle Bowman, Neel Kashkari, and Austen Goolsbee are among those scheduled to appear.

 

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 US

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

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

Stock market today: Dow eyes 8th straight win as rate-cut hopes buoy stocksInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks rise as Dow tries to extend 6-day win streakStocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks open steady as Dow tries to extend 6-day win streakStocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow extends winning streak to 6 daysWhile techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow jumps as Apple looks to jumpstart jobs day partySurprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »