U.S. Stocks Set For Decline Ahead of Fed Moves
Wednesday, 21 March 2018 17:24 WIB |
MARKET UPDATE |Indeks saham berjangka A.S.
U.S. stock futures pointed to a slightly weaker open on Wall Street on Wednesday, with traders hesitant to make any big moves ahead of Federal Reserve forecasts that could help outline the future path of interest rates.
Facebook Inc.™s stock was among the biggest decliners ahead of the bell as a firestorm continued over third parties access to users™ personal data.
Futures for the Dow Jones Industrial Average slipped 47 points, or 0.2%, to 24,713, while those for the S&P 500 index fell 5.35 points, or 0.2%, to 2,718. Futures for the Nasdaq-100 index lost 33.75 points, or 0.5%, to 6,884.25, weighed by a premarket loss for Facebook.
The cautious trade on Wednesday comes after stocks closed with gains on Tuesday, with the Dow industrials finishing 0.5% higher and the Nasdaq Composite Index and S&P 500 ending up 0.3% and 0.2%, respectively.
Source : Market Watch