U.S. Stock Futures Edge Higher After Lackluster Session
U.S. stock futures inched upward Wednesday evening, clawing back modest gains after a second consecutive day of declines. Nasdaq 100, Dow Jones, and S&P 500 futures ROSE 0.07%, 0.06%, and 0.04% respectively by 6:15 p.m. EDT.
The muted rebound follows Fed Chair Jerome Powell's cautionary remark that equities appear 'fairly highly valued'—his first public assessment since the central bank's latest rate cut. Investors now await Thursday's economic data dump, including jobless claims and existing home sales figures, alongside Costco's earnings report.