DJIA28029.28
LIVE118.93(0.43%)
NDX8432.27
LIVE29.66(0.35%)

US stock futures slightly higher on hopes of a smaller Fed rate cut


Monday, 22 July 2019 16:35 WIB

Indeks berjangka ASS&P 500 FuturesNasdaq-100 futuresDowJones Futures


c_740_198_16777215_00_images_assets_USMARKET_Futures-MarketS.jpg

U.S. stock index futures were higher on Monday morning as expectations of aggressive policy easing from the Federal Reserve dampen.

At around 5:00 a.m. ET, Dow futures were 65 points higher and pointed to an implied positive open of around 52 points. Futures on the S&P 500 and Nasdaq were also marginally higher.

Market focus is heavily attuned to the U.S. central bank as hopes of a 50 basis point cut to interest rates at its Federal Open Market Committee (FOMC) meeting wane. A Wall Street Journal report on Friday suggested a more cautious 25 basis point cut is likely following comments from several senior Fed officials..

Friday saw the S&P 500 and Nasdaq fall 1% each to close at their biggest weekly losses since late May, while the Dow lost 0.6%, after the indexes had notched all-time highs earlier in the week.

Source : CNBC


RELATED NEWS

  • European equities recovered in afternoon trade Thursday after President Donald trump tweeted that the U.S. was “getting very close to a trade deal with China.” Earlier Thursday, stocks had recorded m...
  • Hong Kong stocks surged more than one percent Thursday after the Federal Reserve indicated it would leave interest rate unchanged next year, while investors are keeping tabs on the China-US trade talk...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.