Stock market volatility persists amidst economic uncertainty and Fed signals.
TL;DR Summary
US stock futures are expected to open flat on Friday as investors focus on economic data for clues on the Federal Reserve's rate-hike campaign. The University of Michigan's consumer sentiment report is due later today. Meanwhile, global equities are rising to their highest levels in 14 months, buoyed by hopes for more Chinese stimulus and an end to Fed rate hikes. Virgin Galactic's stock rose as much as 42% in pre-market trade on Friday after the company announced plans to begin commercial space operations later this month.
- Stock futures languish with economy in focus: Stock market news today Yahoo Finance
- S&P, Nasdaq leap to highest closes in 14 months Reuters
- Stocks rally as investors shake off 'hawkish' Fed: Stock market news today Yahoo Finance
- Investors on guard for market stress as Fed signals more hikes ahead ZAWYA
- Futures: Stocks Run As Tech Titan Roars, But This Risk Grows Investor's Business Daily
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
83%
510 → 87 words
Want the full story? Read the original article
Read on Yahoo Finance