U.S. stocks set to open lower due to revised Fed rate cut expectations and geopolitical concerns.
U.S. stocks are poised to open lower as investors reevaluate Federal Reserve rate cut expectations amid rising Treasury yields and geopolitical concerns. While there's an 88% chance of a 25 basis point cut in November, this is down from earlier predictions of a 50 basis point reduction. Market uncertainty is heightened ahead of key inflation data, comments from policymakers, and third-quarter earnings reports.
October 07, 2024
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