Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
U.S. stock futures are limited, as investors await economic data and speeches from Federal Reserve officials

U.S. stock futures are limited, as investors await economic data and speeches from Federal Reserve officials

Bitget2024/02/27 13:24

The trend of U.S. stock index futures is limited, as investors are reluctant to make large bets ahead of economic data and speeches by Federal Reserve officials in the coming days. The market may gain clues about the prospects for rate cuts from these latest developments. Matt Stucky, Chief Equity Portfolio Manager at Northwestern Mutual Wealth Management Co., said: "We have always believed that the Fed is unlikely to act as quickly as the market expects, and data from the first few months will only confirm that the first rate cut will be postponed until the third quarter."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Security Alert: Approximately $90,000 lost on Base chain due to "transferFrom" vulnerability
2
ECB Governing Council Member: ECB Interest Rate Cycle Nears Its End

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,899.45
+0.12%
Ethereum
Ethereum
ETH
$4,673.44
-1.10%
XRP
XRP
XRP
$3.1
-0.40%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$247.63
+2.28%
BNB
BNB
BNB
$941.8
+1.69%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2886
+1.43%
TRON
TRON
TRX
$0.3516
-0.87%
Cardano
Cardano
ADA
$0.9203
-0.82%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter