SNAPSHOT US stock index futures pare losses after economic data
US stock index futures have reduced their declines following the release of recent economic data. The PCE price index met expectations, while third-quarter GDP grew at a 3.4 percent rate. Investors are assessing these reports as they consider the potential for future interest rate changes by the US Federal Reserve.
Listen to Live Briefing
Real-time synthesized voice briefing Β· Live Feeds Desk
- β US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading.
- β The PCE price index met estimates.
- β Third quarter GDP grew 3.4 percent.
- β The US Federal Reserve kept interest rates unchanged.
What changed
The US stock index futures pared their losses after the release of economic data, specifically the PCE inflation report and GDP growth figures.
Live updates
-
US stock index futures pare losses after economic data
US stock index futures have reduced their declines following the release of recent economic data. The PCE price index met expectations, while third-quarter GDP grew at a 3.4 percent rate. Investors are assessing these reports as they consider the potential for future interest rate changes by the US Federal Reserve.
Why it matters
The US Federal Reserve recently kept interest rates unchanged. The latest economic data, including inflation readings and GDP growth, are crucial for investors as they evaluate the state of the economy and potential future monetary policy actions. These factors can influence market expectations and stock performance.
What is confirmed
- US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading.
- The PCE price index met estimates.
- Third quarter GDP grew 3.4 percent.
- The US Federal Reserve kept interest rates unchanged.
What to watch next
- Future interest rate decisions by the US Federal Reserve
- Upcoming economic data releases
- Corporate earnings reports
confidence 85%Sources used for this update (14)
- www.zerohedge.com β Futures Rise, Oil Slides As Iran's Supreme Leader Talks Peace And Shrugs Off Ras Tanura Attack
- MarketWatch β Stock Market Today: Dow set for 300-point gain as S&P 500 and Nasdaq poised to decline after Alphabet results; Amazon and Intel earnings on tap
- Reuters β SNAPSHOT US stock index futures pare losses after economic data
- Fox Business β Fed's favored inflation gauge trended higher in September
- CNN β Last snapshot of the US economy before midterms shows stronger growth but higher inflation | CNN Business
- Yahoo Finance β PCE inflation shows prices ticked higher in September, keeping expectations for a year-end hike
- finance.yahoo.com β US stock index futures pare losses after economic data
- www.devdiscourse.com β US STOCKS SNAPSHOT-US stock index futures pare losses after ...
- kfgo.com β US stock index futures pare losses after economic data
- www.iux24.com β US Stock Futures Pare Losses After Economic Data | IUX24
- azat.tv β US Equity Futures Trim Declines Following PCE Inflation and ...
- networkcapitalltd.com β US stock index futures pare losses after economic data
Community Sentiment: How do you assess this situation?
Voice your perspective Β· Real-time aggregated sentiment from the Live Feeds community