🔥U.S. stock index futures fall as rate cut path at risk:market roundup
US stock futures declined and Treasury yields stabilized after a recent drop, as traders speculated on US interest rate changes. The S&P 500 futures retreated, highlighting potential concerns over the rate-cut path. Global markets were affected by reduced expectations for Federal Reserve rate cuts and concerns about inflation under a potential Trump presidency. Gold prices rose with rising geopolitical tensions. Despite record highs, US stock market streaks are approaching historical correction levels. European equities fell, led by real estate and utilities sectors, amid a blend of earning reports. Various corporate highlights include General Electric missing sales expectations but improving profit outlook, while Cheesecake Factory saw stock gains post activist investor involvement. The overall market sentiment is cautious due to uncertainties around US interest rates and geopolitical events.
👉Read here
US stock futures declined and Treasury yields stabilized after a recent drop, as traders speculated on US interest rate changes. The S&P 500 futures retreated, highlighting potential concerns over the rate-cut path. Global markets were affected by reduced expectations for Federal Reserve rate cuts and concerns about inflation under a potential Trump presidency. Gold prices rose with rising geopolitical tensions. Despite record highs, US stock market streaks are approaching historical correction levels. European equities fell, led by real estate and utilities sectors, amid a blend of earning reports. Various corporate highlights include General Electric missing sales expectations but improving profit outlook, while Cheesecake Factory saw stock gains post activist investor involvement. The overall market sentiment is cautious due to uncertainties around US interest rates and geopolitical events.
👉Read here