Dow futures lower; Fed officials set to guide sentiment By Investing.com

*U.S. STOCK INDEX FUTURES POINT TO LOWER OPEN FOLLOWING HOLIDAY AS POWELL TESTIMONY LOOMS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸

Additionally, Fed chairOn a wider note, sentiment also took a hit after the Chinese central bank delivered a 10-basis-point reduction to its lending benchmarks, disappointing those looking for a bigger cut to support its struggling property sector.

Expectations have been raised that Beijing will announce more decisive Chinese stimulus measures as economic data last week suggested the world’s second largest economy was struggling to maintain the initial momentum generated by the lifting of COVID restrictions.) is scheduled to report its quarterly numbers after Tuesday’s close.

The company could see a profit boost from cost cuts undertaken last year, although its investors will be keen on knowing whether those actions have helped it catch up with rival

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