US stock futures muted after Wall St hits record highs on tech gains, Powell talk
Investing.com-- U.S. stock index futures moved little on Wednesday evening, steadying after a record-high session on Wall Street amid persistent gains in the technology sector.
His comments are likely his last public statements before the Fed meets on December 17 and 18, where the central bank is widely expected to Still, investors latched on to the prospect of a stronger economy, sparking broad-based gains across Wall Street. Investors were also relieved by Powell not downplaying the prospect of a December cut.data for November, due on Friday. The reading is expected to show resilience in the labor market and is likely to factor into the outlook for U.S. interest rates.Wall Street indexes finished at record highs on Wednesday amid a persistent rally in major technology stocks.
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