US futures point to a higher open
Wednesday, 21 August 2019 17:14 WIB | MARKET UPDATE |Indeks saham berjangka A.S.Indeks NasdaqS&P 500 Futures

U.S. stock index futures moved higher on Wednesday morning.

Around 6 a.m. ET, Dow futures indicated a positive open of about 125 points. Futures on the S&P and Nasdaq were also higher.

Wall Street closed lower for the first time in four sessions on Tuesday. The recent relief in stocks comes as bond yields paused their recent decline, temporarily easing potential recession fears.

Investors will be looking ahead to the latest minutes from the Federal Reserve, due on Wednesday, for any clues on the course of monetary policy. The Fed announced at its last meeting in July a cut in interest rates, while signaling that it was only a "midcycle adjustment" and the central bank was not returning to the stimulus era. An analyst told CNBC on Tuesday, that he foresees five rate cuts by April 2020.

Source : CNBC


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