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🔵POWELL'S SPEECH BOOSTS MARKETS HOPES

🔵POWELL'S SPEECH BOOSTS MARKETS HOPES

Day: 09 | Time: 15:37:26 US index futures are pointing to a higher open as investors await Federal Reserve Chairman Jerome Powell's speech to Congress on the state of the economy and prospects for interest rate cuts. Dow Jones, S&P 500, and Nasdaq 100 futures are all in the green. Shares of Intel and Nvidia are gaining momentum in pre-market trading, while 10-year Treasury yields are slightly up. Powell is expected to provide guidance on the timing of interest rate cuts during his speech.

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MarketBlogImage-final-6ac06c7b9250446a8e86c566b11e02e1.png

Source: Yahoo, Bloomberg , Reuters, Trading Economics,