Futures higher amid rate cut hopes; more earnings ahead - what’s moving markets
Investing.com - U.S. stock futures inch up as investors assess weak jobs data, trade announcements, and the outlook for Federal Reserve interest rates. Strong earnings offer markets somewhat of a bulwark against signs of U.S. economic cooling and uncertainty over the impact of Washington’s tariff agenda. Meanwhile, a write-down in its stake of Kraft-Heinz hit income at Warren Buffett’s Berkshire Hathaway (NYSE:BRKa).
1. Futures higher
U.S. stock futures pointed higher on Monday following a sharp sell-off at the end of the prior week, as the prospect of lower interest rates helped to assuage worries over the U.S. economy.
By 03:00 ET (07:00 GMT), the Dow futures contract had risen by 128 points, or 0.3%, S&P 500 futures had climbed by 24 points, or 0.4%, and Nasdaq 100 futures had increased by 102 points, or 0.4%.
1. Futures higher
U.S. stock futures pointed higher on Monday following a sharp sell-off at the end of the prior week, as the prospect of lower interest rates helped to assuage worries over the U.S. economy.
By 03:00 ET (07:00 GMT), the Dow futures contract had risen by 128 points, or 0.3%, S&P 500 futures had climbed by 24 points, or 0.4%, and Nasdaq 100 futures had increased by 102 points, or 0.4%.