A Peek Into The Markets: US Stock Futures Down After Fed Boosts Interest Rate
Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones gained more than 300 in the previous session. Investors are awaiting earnings results from The Kroger Co. (NYSE: KR ), Jabil Inc. (NYSE: JBL ) and Adobe Inc. (NASDAQ: ADBE ). The Federal Reserve raised interest rates by 0.75% at its recent meeting. Data on initial jobless claims, housing starts, permits and Philadelphia Fed manufacturing index will be released at 8:30 a.m. ET. Check out this: Cisco And 2 Other Stocks Insiders Are Selling Futures for the Dow Jones Industrial Average dipped 591 points to 30,070.00 while the Standard Poor’s 500 index futures fell 89.50 points to 3,699.75. Futures for the Nasdaq index declined 329.50 points to 11,264.25. Oil prices traded lower as Brent crude futures fell 0.7% to trade at $117.68 per barrel, while US WTI crude futures fell 0.6% to trade at $114.64 a barrel. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is …
A Peek Into The Markets: US Stock Futures Down After Fed Boosts Interest Rate
Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones gained more than 300 in the previous session. Investors are awaiting earnings results from The Kroger Co. (NYSE: KR ), Jabil Inc. (NYSE: JBL ) and Adobe Inc. (NASDAQ: ADBE ). The Federal Reserve raised interest rates by 0.75% at its recent meeting. Data on initial jobless claims, housing starts, permits and Philadelphia Fed manufacturing index will be released at 8:30 a.m. ET. Check out this: Cisco And 2 Other Stocks Insiders Are Selling Futures for the Dow Jones Industrial Average dipped 591 points to 30,070.00 while the Standard Poor’s 500 index futures fell 89.50 points to 3,699.75. Futures for the Nasdaq index declined 329.50 points to 11,264.25. Oil prices traded lower as Brent crude futures fell 0.7% to trade at $117.68 per barrel, while US WTI crude futures fell 0.6% to trade at $114.64 a barrel. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is …