From Investing.com: 2024-06-11 05:01:15

U.S. stock futures dip as investors await the Federal Reserve’s policy decision and new inflation numbers. Apple partners with OpenAI to integrate ChatGPT chatbot, enhancing its artificial intelligence capabilities. Scottish fund manager Baillie Gifford to support Elon Musk’s $56 billion pay package at Tesla shareholder meeting on June 13.

Analysts predict the Federal Reserve will only cut rates once in 2024 due to stubbornly high inflation. The dot plot expected to reveal Fed officials’ outlook on future borrowing costs. Oil prices edge lower ahead of Fed decision and U.S. inflation data. WTI crude at $77.29, while at $81.55 per barrel. Market awaits Fed’s stance on interest rates and China’s macroeconomic data.



Read more at Investing.com: Futures edge lower, Apple reveals OpenAI partnership