U.S. stock index futures remain stable before Fed's interest rate decision and May inflation data.
U.S. stock index futures remain stable ahead of the Federal Reserve's interest rate decision and May's inflation data. The S&P 500, Dow Jones, and Nasdaq 100 futures show little change after a positive week for the major averages. The Fed's rate decision and consumer price index for May, expected on Wednesday, will test the markets, with investors monitoring the central bank's updated projections on rate cuts. The CME FedWatch tool currently shows markets pricing in just one rate cut this year, in November. Investors also anticipate Apple's Worldwide Developers Conference for software announcements.
June 09, 2024
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