Wall Street expected to open lower as investors weigh interest rates, geopolitical risks

From Google: 2024-10-07 09:08:49

Wall Street is expected to open lower as investors evaluate the path of interest rates and geopolitical risks. Key data points to watch include housing market numbers and consumer confidence data. Tech stocks might see some pressure following recent gains. The markets will also keep an eye on the situation in Ukraine and the potential impact on global trade. Oil prices are under pressure, with WTI crude trading around $95 per barrel. Overall, market sentiment remains cautious as investors weigh various factors influencing the economy and financial markets.



Read more at Google: Wall Street set for lower open as investors asses rate path, geopolitical risks – Yahoo Finance