Dow Futures Lower as Investors Await More Fed Talk
Tuesday, 25 June 2019 17:55 WIB | MARKET UPDATE |Indeks saham berjangka A.S.

U.S. stock index futures were lower Tuesday morning, amid expectations of more dovish talk from the Federal Reserve.

At around 04:50 a.m. ET, Dow futures slipped 17 points, indicating a positive open of more than 9 points. Futures on the S&P and Nasdaq were both seen slightly lower.

Market focus is largely attuned to the U.S. central bank, with no less than five Fed policymakers, including Chair Jerome Powell, scheduled to speak on Tuesday.

Last week, the Fed held the line on interest rates and indicated formally that no cuts were coming in 2019. However, despite cautious wording, markets are counting on possibly three rate cuts before the end of the year, with the first in late July.

Source : CNBC

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