DJIA27219.52
LIVE35.37(0.13%)
NDX7892.96
LIVE-24.38(-0.31%)

US futures point to higher open ahead of Powell's speech


Friday, 23 August 2019 16:00 WIB

Indeks saham berjangka A.S.Indeks NasdaqS&P 500 FuturesDowJones Futures


c_740_198_16777215_00_images_assets_USMARKET_87439_620.jpg

U.S. stock index futures were higher Friday morning, as market participants awaited a key speech from the Federal Reserve's top official.

At around 04:00 a.m. ET, Dow futures rose 84 points, indicating a positive open of more than 68 points. Futures on the S&P and Nasdaq were both slightly higher.

Market focus is largely attuned to the U.S. central bank's annual Jackson Hole symposium, with Fed Chairman Jerome Powell expected to address an audience of policymakers and economists at around 10:00 a.m. ET.

Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided U.S. central bank in years.

It comes as both the Fed and Powell are under an unprecedented siege from an angry president, while a speech that fails to assure investors the U.S. central bank will continue to cut interest rates could create even more market volatility.

Source : CNBC


RELATED NEWS

  • Hong Kong stocks fell in the first few minutes of trade Monday following last week's healthy gains, while traders were also spooked by more protest violence in the city at the weekend. The Hang Seng ...
  • Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week...

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.