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Futures drift lower as Nvidia results, Fed minutes loom

U.S. stock index futures inched lower on Tuesday as investors stayed on the sidelines ahead of artificial intelligence chip leader Nvidia's quarterly report and the release of the Federal Reserve's meeting minutes. A technology-fueled rally led the S&P 500 and the Nasdaq to register their highest closing level in over three months on Monday, as investors continued to bet that the Fed was at the end of its rate hiking cycle. Big Tech stocks, which have powered most of the S&...
Stuart Cole Maju Samuel Ankika Biswas Amruta Khandekar Federal Reserve Group Fedwatch
Source: yahoo.com

UK Labor Market Holds Up Better Than Expected After Rate Hikes

(Bloomberg) -- Britain’s labor market held up in the face of an economic slowdown, underscoring the challenge facing the Bank of England as it battles to contain inflation.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingThailand Takes $28 Billion Malacca Strait Bypass Plan to USIsrael Latest: Biden Urges ‘L...
City Of United Kingdom Greg Ritchie Bloomberg Businessweek Aline Oyamada James Hirai
Source: yahoo.com

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