On Wednesday, U.S. stock futures showed minimal movement following a positive close on Wall Street, where the S&P 500 reached a new all-time high. Specifically, Dow futures dipped slightly by 0.05%, S&P 500 futures also decreased by approximately 0.05%, and Nasdaq 100 futures remained relatively stable. During Tuesday's regular trading, U.S. stocks marked their fourth consecutive session of gains. The S&P 500 climbed 0.6% to achieve a record closing high, while the Nasdaq Composite similarly increased by 0.6%, and the Dow rose by 0.3%. Investors displayed caution in response to the release of the U.S. GDP data for the third quarter, which surpassed expectations. This stronger-than-expected economic performance has reinforced predictions that the Federal Reserve will hold interest rates steady in January. However, it also sparked discussions about whether such economic resilience might postpone the anticipated rate cuts next year. Nevertheless, there remains a positive outlook for the traditional year-end "Santa rally."
FX.co ★ US Futures Stabilize After S&P 500 Posts Record Close
US Futures Stabilize After S&P 500 Posts Record Close
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade