Dow futures point to a lower open after Fed signals no rate hike this year

Thursday, 21 March 2019 16:43 WIB

DOW JONESS & P 500Indeks saham berjangka A.S.Saham AS


U.S. stock index futures were lower on Thursday morning, as investors are still digesting the Fed's latest comments.

At around 3:00 a.m. ET, Dow futures fell 62 points, indicating a negative open of more than 114 points. Futures on the S&P and Nasdaq were mixed.

The Dow closed lower on Wednesday after the Federal Reserve announced a more dovish policy. Jay Powell, the Fed’s chair, said the central bank is forecasting no rate hikes in 2019, and that is down from two hikes forecast earlier. U.S. Treasury yields fell on the news, which added pressure on certain stocks, including banks.

Source: CNBC


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