U.S. stock index futures remain largely flat as the S&P 500 Index takes a brief respite after eight consecutive days of gains
U.S. stock index futures were largely flat, continuing their strong performance from the previous day, as the market bets that the Federal Reserve will soon signal readiness to start cutting interest rates. After a eighth consecutive day of gains for the SP 500 on Monday, traders took a breather. Stock trading volume declined slightly as investors were reluctant to make big bets ahead of this week's Jackson Hole Economic Symposium. "What we're seeing is that recent data has eased concerns about a slowdown in U.S. economic growth, while not sparking worries about inflation accelerating again," said Kyle Rodda, senior market analyst at Capital.Com Inc.
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.
You may also like
Status to Build L2 on Linea, Offering Gas-Free Transactions and 100% Net Revenue Returned to the Community
Trending news
MoreCrypto prices
More








