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U.S. Stock Futures Edge Higher Post Fed Rate Cut Decision
U.S. Stock Futures Edge Higher Post Fed Rate Cut Decision
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BTCCSquare news:
U.S. stock futures advanced modestly Wednesday evening as markets digested the Federal Reserve's quarter-point rate cut. Nasdaq 100, Dow Jones, and S&P 500 futures ROSE 0.25%, 0.16%, and 0.2% respectively following a volatile session where only the Dow closed positive.
Investors now turn their attention to Thursday's economic data releases, including initial jobless claims and leading indicators, alongside earnings reports from FedEx and Lennar. The rate cut underscores growing economic uncertainty, though equity markets show tentative optimism.
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