Stock futures remained stable after a record day for major indices, as analysts predict a Federal Reserve interest rate cut next week following a rise in jobless claims and inflation data. Will this lead to more market gains?
Wall Street's main indexes hit record highs, buoyed by strong performances from Tesla and Micron Technology. With inflation rising and jobless claims at a four-year high, traders anticipate a Federal Reserve interest rate cut next week.
As inflation gauges signal shifts, investors are betting on a Federal Reserve interest rate cut. Discover the latest updates on wholesale prices and the labor market's impact on the economy.