Stock futures rose slightly in

2022-06-15

Stock futures rose slightly in overnight trading Tuesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation.

Futures on the Dow Jones Industrial Average gained 70 points. S&P 500 futures edged up 0.3% and Nasdaq 100 futures rose 0.4%.

The S&P 500 suffered a five-day losing streak on Tuesday, dipping deeper into bear market territory. The equity benchmark has fallen more than 4% this week already and is now off over 22% from its all-time time hit in early January. The blue-chip Dow slid about 150 points Tuesday, also falling for a fifth straight day Tuesday. The Nasdaq Composite ended Tuesday slightly higher.

All eyes will be on fed speech today

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Comments

Ken7979
2022-06-15
Ken7979
what if the Fed increase by 75 bp? market will probably dive..
snoopy123
2022-06-15
snoopy123
hope no surprises for Fed's decision on 50 basis pts rate hike tonight .. [Observation]
Mungerism
2022-06-15
Mungerism
Interesting read, thanks for sharing
Asphen
2022-06-15
Asphen
post Powell rally?
vlcs
2022-06-15
vlcs
Ok
BryanSng
2022-06-15
BryanSng
All waiting

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