ADVFN US – Market Content Editor

The major U.S. index futures are currently pointing to a sharply lower open on Thursday, with stocks likely to see an early rally after ending yesterday’s session moderately lower following late-day volatility. The considerable upward momentum on Wall Street comes as traders continue to digest the Federal Reserve’s decision on Wednesday to slash interest rates…

U.S. index futures rose in premarket trading on Thursday after the Federal Reserve unexpectedly cut interest rates by half a percentage point. At 5:31 AM ET, Dow Jones futures (DOWI:DJI) climbed 466 points, or 1.11%. S&P 500 futures gained 1.48%, and Nasdaq-100 futures advanced 1.96%. The 10-year Treasury yield stood at 3.698%. Today’s U.S. economic…

Interest rate cuts may impact Treasury bonds and stablecoins The Federal Reserve cut interest rates by half a percentage point, the first reduction since the onset of the pandemic, aiming to prevent a slowdown in the labor market. With inflation decreasing, the committee projects further cuts until 2025. Despite a growing GDP, concerns about employment…

A report released by the Commerce Department on Wednesday showed a substantial rebound by new residential construction in the U.S. in the month of August. The Commerce Department said housing starts spiked by 9.6 percent to an annual rate of 1.356 million in August after plunging by 3.9 percent to a revised rate of 1.237…

The major U.S. index futures are currently pointing to a modestly higher open on Wednesday, with stocks likely to move to the upside after ending the previous session little changed. Traders may be reluctant to make significant moves early in the session ahead of the Federal Reserve’s monetary policy decision this afternoon. The Fed is…

U.S. index futures showed modest fluctuations in premarket trading this Wednesday as Wall Street gears up for a highly anticipated rate cut by the Federal Reserve. CME Group’s FedWatch tool shows traders pricing in a 63% chance of a 50-basis-point cut and 37% odds of a 25-basis-point move. At 5:36 AM ET, Dow Jones futures…