Barchart: Stock Index Futures Tick Higher on Expectations for Fed Rate Cuts Next Year
From Barchart:
– March S&P 500 E-Mini futures (ESH24) are up +0.14%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.18% this morning as trading resumed after the Christmas holiday.
– Investors are anticipating earlier and deeper interest rate cuts from the Federal Reserve next year following a cooler-than-expected U.S. inflation report last week.
– The market is showing positive movement as trading resumes after the Christmas holiday, with a focus on potential future interest rate cuts by the Federal Reserve in response to U.S. inflation data.
Read more: Stock Index Futures Tick Higher on Expectations for Fed Rate Cuts Next Year