US futures point to a higher open after Fed signals a pause in rate cuts
Thursday, 31 October 2019 16:10 WIB |
MARKET UPDATE |S&P 500 FuturesIndeks NasdaqIndeks saham berjangka A.S.
U.S. stock index futures were higher Thursday morning.
At around 05:00 a.m. ET, Dow futures rose 25 points, indicating a positive open of more than 30 points. Futures on the S&P ” which closed at an all-time high in the previous session ” and Nasdaq were both seen slightly higher.
The Federal Reserve cut interest rates by 25 basis points for the third time this year on Wednesday. Comments from Chairman Jerome Powell indicated that the central bank would be hitting pause on monetary policy easing for now, and there will be no hiking until inflation rises œsignificantly.
Source : CNBC
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