Stock-index futures erased early losses to turn higher Wednesday after prepared testimony by Federal Reserve Chairman Jerome Powell emphasized uncertainty...
Stock-index futures erased early losses to turn higher Wednesday after prepared testimony by Federal Reserve Chairman Jerome Powell emphasized uncertainty about the global economic outlook, reinforcing market expectations for a rate cut when policy makers meet at the end of the month. Futures on the Dow Jones Industrial Average YMU19, +0.42% rose 44 points, or 0.2%, to 26,823, while S&P 500 futures SPX, +0.12% advanced 6.9 points, or 0.2%, to 2,989. Nasdaq-100 futures NQU19, +0.
See Full Story Stock futures turn positive after dovish testimony by Fed’s Powell Stock-index futures flip from losses to gains Wednesday, after the release of planned testimony by Federal Reserve Chairman Jerome Powell, before lawmakers.
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