US stock futures fall as elections, Fed meeting approach
Investing.com-- U.S. stock index futures fell in evening deals on Sunday as anticipation of a tight presidential election and a Federal Reserve meeting later in the week kept investors averse towards risk-driven assets.
Recent increases in the dollar and Treasury yields showed some investors were positioning for a Trump victory, which is expected to result in more inflationary policies. Markets will be watching for any commentary from the Fed on its plans for future rate cuts, especially in the light of recent data showing resilience in the U.S. economy and stickiness in inflation, which dampen the outlook for lower rates.
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