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US futures point to a slightly lower open as investors focus on Fed decision


Thursday, 8 November 2018 16:45 WIB

Indeks saham berjangka A.S.Indeks berjangka Standard & Poor’s 500Bursa berjangka ASKontrak Dow Jones Industrial AverageNasdaq-100 futures


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U.S. stock futures suggested a slight negative open as markets take a breather from the rally post U.S.-midterm results.

At around 3:55 a.m. ET, Dow futures were seen 7 points lower. Futures on the S&P 500 and Nasdaq were also seen relatively lower on Thursday morning.

The moves in pre-market trade come as investors shift their focus from politics to monetary policy.

The U.S. Federal reserve is due to announce its latest monetary policy decision on Thursday. Market expectations suggest no change in policy, but investors will be looking for clues on whether there will be further tightening next month.

On the data front, there will be jobless claims due at 8.30 ET – a key indicator also to forecast the future rate hiking path.

In earnings, Nissan, Dropbox and Hertz Global are among the many firms updating the markets.

Source: CNBC


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