US Stock Futures Rise as Investors Eye Fed Comments and Labor Data

US stock index futures climbed on Sunday evening as investors looked ahead to key interest rate signals from Federal Reserve officials and important labor market data this week.

Market Performance

Fed Commentary and Labor Data

Investors are focused on upcoming comments from Federal Reserve officials, particularly Chairman Jerome Powell, who will address the European Central Bank’s annual forum in Portugal on Tuesday. The release of the Fed’s June meeting minutes on Wednesday is also anticipated to provide further insights into interest rate directions. Fed officials continue to emphasize the need for inflation to reach the 2% target before considering rate cuts. Additionally, nonfarm payrolls data for June, due on Friday, will be closely watched for labor market insights.

Market Activity and Influences

Wall Street ended lower on Friday, maintaining a narrow range near record highs amid low trading volumes due to the summer holidays. The Independence Day holiday on Thursday will shorten the trading week. The S&P 500 fell 0.4% to 5,460.48 points, the NASDAQ Composite dropped 0.8% to 17,723.83 points, and the Dow Jones Industrial Average dipped 0.1% to 39,118.86 points.

Recent News
Start Trading Now !

Try our demo account for free to learn trading. When you’re ready, switch to a live account and start trading for real.

Popular posts
ATFX

Restrictions on Use

Products and Services on this website are not suitable for the UK residents. Such information and materials should not be regarded as or constitute a distribution, an offer, or a solicitation to buy or sell any investments. Please visit https://atfxvnmprd.wpenginepowered.com/en-au/ to proceed.

ATFX

Restrictions on Use

Products and Services on this website are not suitable for Hong Kong residents. Such information and materials should not be regarded as or constitute a distribution, an offer, solicitation to buy or sell any investments.

使用限制: 本網站的產品及服務不適合香港居民使用。網站內部的信息和素材不應被視為分銷,要約,買入或賣出任何投資產品。

ATFX

Restrictions on Use

AT Global Markets (UK) Limited does not offer trading services to retail clients.
If you are a professional client, please visit https://atfxconnect.com