Futures Steady After U.S. Government Avoids Shutdown
Equity futures remained relatively unchanged on the New York Stock Exchange on Monday morning after U.S. lawmakers narrowly avoided a government shutdown. Members of Congress reached a U.S. government funding deal on Saturday just 45 minutes before the midnight deadline.
Futures on the S&P 500...
Futures Rise Following Release of Favorable PCE Data
U.S. equity futures opened higher on Friday as markets await the release of what is expected to be a favorable Personal Consumption Expenditures (PCE) Index. Core PCE, which excludes volatile food and energy components, is expected to have risen by 3.9%, the slowest rise since...
Dollar and Stocks Steady as Bonds Ease From Record Highs
The U.S. dollar and stocks in New York stabilized on Wednesday, while U.S. Treasury Yields retreated from their 16-year high, easing pressure on the economy. Derek Halpenny, head of global markets research at MUFG Bank Ltd., observed: "If yields continue to move higher, at...
U.S. Futures Decline Following Fed Update
Futures on the New York Stock Exchange retreated on Tuesday following comments indicating that the Federal Reserve may be inclined to keep interest rates higher for longer. Fed policymaker Neel Kashkari revealed that while the US economy is showing signs of easing inflation, the...
Futures Rise Ahead of Fed Rate Decision
U.S. futures rose on Wednesday as the Federal Reserve continues to hold its September policy meeting. The central bank is due to announce its latest interest rate decision later on in the day, while Fed Chair Jerome Powell is slated to deliver an address....
US Futures Decline As Dollar Surges To Six-Month High
US futures slipped lower on Thursday as the dollar hit its highest level in six months amid an eighth consecutive weekly rise for the Bloomberg dollar index. Investors are raising bets that the Federal Reserve will continue to tighten its interest rate policy heading...