Category: Market Summary

U.S. stock futures dipped modestly Friday after Wall Street’s major indices posted fresh record closes in the previous session. Investors are now anticipating a phone call between President Donald Trump and Chinese leader Xi Jinping, with a potential deal regarding TikTok’s U.S. operations likely to be on the agenda. Meanwhile, FedEx posted quarterly results that…

U.S. equity futures pointed to a positive start on Thursday, with technology stocks expected to drive early gains after a turbulent session the previous day ended with mixed results. Nasdaq 100 futures were up 1.1%, signaling that tech names could lead the rally. The strength comes largely from Intel (NASDAQ:INTC), whose stock soared more than…

U.S. stock futures edged higher Thursday after the Federal Reserve implemented its first interest rate cut since December, a move that had been widely anticipated. Chair Jerome Powell emphasized the importance of cautious risk management, pointing to a softening labor market as a key concern. Market observers expect additional rate reductions later this year, although…

U.S. stock index futures were little changed early Wednesday, pointing to a muted opening as investors brace for the Federal Reserve’s policy announcement later in the day. The cautious mood mirrors Tuesday’s lackluster action, when major averages ended slightly lower after early gains faded. Market participants are largely in wait-and-see mode ahead of the Fed’s…

U.S. stock futures were largely flat Wednesday as investors awaited a key Federal Reserve interest rate decision. While the majority of market participants expect a cut in borrowing costs, uncertainty remains over its size and the Fed’s broader economic outlook. Meanwhile, U.K. inflation stayed steady, and packaged foods leader General Mills (NYSE: GIS) is set…