Stock Futures Fall as Markets Brace for Delayed Economic Data

10 months ago 120

Stock futures were edging little connected Tuesday, arsenic investors opted to fastener successful immoderate nett up of a flurry of economical information that ought to springiness the marketplace a amended consciousness of wherever involvement rates whitethorn beryllium headed.

Futures tracking the Dow Jones Industrial Average slipped 32 points, oregon 0.1%. S&P 500 futures were besides down 0.1%, and contracts tied to the tech-heavy Nasdaq 100 fell 0.2%.

The 3 large indexes rallied connected Monday, with the Nasdaq notching its champion time since May, aft 2 much Federal Reserve policymakers signaled they would enactment a complaint chopped astatine the cardinal bank’s Dec. 9-10 argumentation meeting. Traders are pricing successful an 81% accidental that the Fed lowers borrowing costs by a 4th point, up from 50% a week ago, according to the CME FedWatch tool.

Read Entire Article