Wall Street's main indexes are on the rise with FedEx leading the charge after impressive earnings. Tech stocks also rally as optimism grows regarding monetary policy easing and trade talks between Trump and Xi.
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?
U.S. equity futures remained stable as the S&P 500 reached new heights, driven by excitement in the AI sector. Corporate earnings reports showed mixed results, with Nvidia boosting investor confidence despite concerns over its data center business.
US Treasuries saw significant gains after the Federal Reserve reassured markets about the potential for lower interest rates, pushing 10-year note yields down to 4.2%. Traders are betting on continued rate reductions.
