Wall Street opens higher on Fed rate cut optimism
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U.S. stock futures pointed to a higher open following the prior session’s broad-based gains, as delayed data boosts expectations for a Fed rate cut next month.
US stock futures showed minimal change Monday night after a positive trading session, with the Dow, S&P, and Nasdaq futures seeing slight gains. The market's rebound was largely driven by Alphabet's strong performance,
Wall Street was poised to kick off the holiday-shortened trading week with gains following last week’s bumpy ride
Wall Street's main indexes were mixed at the open on Tuesday as investors took stock of a series of delayed economic data to gauge the health of the U.S. economy, while Alphabet gained after a report said Meta was in talks to spend billions on the Google parent's chips.
NEW YORK — U.S. stocks closed broadly higher Wednesday, extending Wall Street’s recent winning streak to a fourth straight day. The Standard & Poor’s 500 rose 0.7%, the Dow Jones industrial average gained 0.7% and the Nasdaq composite added 0.8%.
Nvidia’s blowout earnings call—which came in way above expectations—simply wasn’t good enough to persuade traders that AI may be overcooked.
As traders rolled into the office Friday, they were greeted with a choice. Lock in profits as futures on the S&P 500 Index were pointing to another brutal day of selling, or heed the advice of Wall Street strategists and buy the dip.
The releases will provide key signals for investors after a significant market pullback.
Wall Street futures quickly reversed course and turned positive early Friday in very volatile markets, particularly when it comes to artificial intelligence. Futures for the S&P 500 rose 0.3%, while futures for the Dow Jones Industrial Average climbed 0.