Futures firm with focus on Fed, earnings rush

U.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened the mood ahead of a busy week for quarterly earnings reports from companies including Boeing and Apple.

FILE PHOTO: A nearly empty trading floor is seen as preparations are made for the return to trading at the New York Stock Exchange in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid

Trillions of dollars in fiscal and monetary stimulus have been pivotal in bringing the S&P 500 to within 5% of its record high in hit February. Investors are also keeping a close watch on progress over the next round of government aid with less than a week before enhanced unemployment benefits expire.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed meeting expected to leave U.S. bond-stock relationship out of whackThe Federal Reserve's whatever-it-takes approach to stave off economic calamity has kept interest rates near zero and helped drive U.S. stocks back to pre-pandemic record levels, while weakening the usual dynamic between safe-haven U.S. Treasuries and riskier equities.
Read more »

Fed Outlook Turns Gloomier as Coronavirus SpreadsFederal Reserve officials meet Tuesday and Wednesday, facing growing doubts about the prospect for a sustained economic rebound due to the nation’s uneven public-health response to the coronavirus.
Read more »

Column: They're fed up with the 'tyranny' of face masks. But Portland? That's about 'law and order'Federal agents in Portland are violating protesters' civil rights. Whether that's 'tyranny' or 'law and order' is a matter of depressing partisan debate.
Read more »

Stock futures rise slightly ahead of big week of earnings, coronavirus stimulus in focus
Read more »

Stocks like Procter & Gamble and Dollar General have 'earnings power' analysts sayYour weekend brief: Stocks like Procter & Gamble and Dollar General have 'earnings power' analysts say
Read more »