Fed governor to sue Trump, saying he can't legally fire her
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Aug 27 - U.S. stock futures ticked slightly higher on Wednesday as investors focused on Nvidia's (NASDAQ:NVDA) upcoming quarterly report, which has become the centerpiece of this earnings season. S&P 500 futures,
It looks like investors are coming to terms with President Donald Trump's latest attack on Federal Reserve independence. S&P 500 futures swiftly fell 0.5% from overnight highs, and the dollar dived, after Trump said in a social media post that he had sacked Fed governor Lisa Cook.
U.S. stock futures today are trading lower as investors react to political turbulence and rising Treasury yields while bracing for Nvidias crucial earnings report. The Dow, S&P 500, and Nasdaq futures all slipped in early trade.
U.S. stock index futures slipped on Monday, pausing after strong gains in the previous session, when Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table at the central bank's meeting next month.
U.S. stock futures were trading lower following the powerful rally on Friday that followed comments by Federal Reserve Chairman Jerome Powell, which fueled hopes for a September interest rate cut. Dow Jones Industrial Average futures fell 80 points,
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Asianet Newsable on MSNDow, Nasdaq Futures Dip Ahead Of Consumer Data: Strategist Says Fed Has 'Turned The Corner' But Asks If Powell Will 'Cut Fast Enough'
Among the economic catalysts for the day are the Conference Board’s consumer confidence reading for August, the Commerce Department’s durable goods orders report for July, and a duo of June house prices data.
Wall Street expected Nvidia, the world’s most-valuable company, to deliver record results after Wednesday’s close.
U.S. stock-market futures declined Sunday, after stocks rallied Friday on fresh hopes of a September rate cut by the Fed.