U.S. Stock Futures Rise Amid Focus on Rate Cuts and Earnings
U.S. stock futures climbed early Wednesday as investors shifted attention from geopolitical tensions to monetary policy expectations and corporate earnings. Nasdaq 100, Dow Jones, and S&P 500 futures advanced 0.78%, 0.34%, and 0.55% respectively by 5:14 a.m. EST.
Tuesday's session saw divergent performance across major indices, with the Dow gaining 0.44% while the S&P 500 and Nasdaq Composite declined. Market participants largely shrugged off fresh trade restrictions between Washington and Beijing, including China's sanctions on Hanwha Ocean subsidiaries and U.S. tariff threats on Chinese imports.
All eyes now turn to earnings releases from financial heavyweights Bank of America and Morgan Stanley, along with healthcare firm Abbott Labs. Semiconductor equipment Maker ASML reported strong Q3 bookings but cautioned about Chinese market softness.
