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The Breakfast Briefing: US Futures Point To A Slightly Lower Open As Investors Focus On Fed Decision
FYI: Stocks in Europe and Asia pushed higher Thursday, while U.S. futures were lower, as investors continued to react to the U.S. midterms vote that triggered the largest postelection gain for the S&P 500 since 1982.
Futures pointed to a 0.1% opening decline for the S&P 500 after the index rose 2.2% Wednesday, the third largest percentage gain following an election day on record. The Stoxx Europe 600 was up 0.6% in early trade after rising 1.1% in the previous session. Most markets in the Asia-Pacific region rose, catching up with Wednesday’s rally in the U.S.
In earnings, Nissan, Dropbox and Hertz Global are among the many firms updating the markets. On the data front, there will be jobless claims due at 8.30 ET – a key indicator also to forecast the future rate hiking pat Regards, Ted
