US stocks strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple (AAPL) earnings and the coming monthly jobs report. The S&P 500 (^GSPC) rose roughly 0.6%, while the Dow Jones Industrial Average (^DJI) gained 0.5%. The tech-heavy Nasdaq Composite (^IXIC) led […]
Tag: ratehike
US futures climb as Fed rate-hike fears fade, with Apple on deck
US stock futures strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple (AAPL) earnings and the coming monthly jobs report. S&P 500 (^GSPC) futures rose roughly 0.7%, while those on the Dow Jones Industrial Average (^DJI) were 0.4% higher. Contracts on […]
Futures climb as Fed allays rate-hike worries
(Reuters) – U.S. stock index futures advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed fears around potential rate hikes, with focus moving to a spate of earnings updates through the day. While Fed chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut […]