U.S. stock futures edge higher before Federal Reserve decision
U.S. stock futures rose early Wednesday as investors focused on today’s Federal Reserve interest-rate decision, with markets pricing a 92.5% probability of a hike.
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U.S. stock futures rose early Wednesday as investors focused on today’s Federal Reserve interest-rate decision, with markets pricing a 92.5% probability of a hike.
U.S. stock futures pointed lower Monday after weekend comments from OpenAI and Anthropic executives revived concerns about the pace of AI development. Nvidia, Micron, Sandisk and Oracle were among the stocks cited as in focus.
U.S. stocks fell on Thursday after August producer price data and surging oil prices stoked worries the Federal Reserve will hike rates next week, while rising Treasury yields made stocks less attractive. Heavyweight chipmakers also lost ground.
The S&P 500 edged higher on Tuesday as investors rotated into old-economy sectors while semiconductor stocks remained under pressure. Now, Polymarket traders are betting the benchmark index will build on those gains at Wednesday’s open. The S&P 500 closed 0.21% higher at 7,428.78, after opening at 7,395.55. The July 29
The Nasdaq 100 officially slipped into correction territory on Tuesday, falling more than 10% from its early June record high as the AI-driven sell-off deepened on mounting concerns over rising competition from China. The memory sector has been at the heart of July’s rout. SanDisk Corp. (NASDAQ: SNDK ) — the S&P 500’s