@Daveforceone:Daily market update Stock futures are rising slightly Wednesday as investors look ahead to inflation data and earnings in the coming days that may provide insight into the future health of the economy. Futures for the Dow Jones Industrial Average were up 48 points, or 0.16%. Nasdaq 100 futures added 0.15%, while futures tied to the S&P 500 increased 0.18%. The action follows a day of small ups and downs for the market as investors digested minutes from the September Federal Reserve meeting. The minutes showed the central bank expected to keep hiking interest rates until it sees receding inflation. But one comment made some think the Fed might instead slow the rate hikes, if not roll them back, if financial markets tumult continued. The S&P 500 fell 0.33% to close at 3,577.03. The Nasdaq Composite dropped 0.09% to 10,417.10. The Dow Jones slipped 0.10%, or 28.34 points, to close at 29,210.85. “Fed speakers similarly have, since the last meeting, been wedded to the message that their commitment remains solid, even in the face of global financial fault lines showing signs of strain,” said Quincy Krosby, chief global strategist at LPL Financial. Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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