Stock futures were higher premarket after markets gave back some recent gains in the previous session. Tech stocks seem to be regaining strength. Let’s see if Nasdaq can close back above the milestone level of 20,000.
Meanwhile, sticky and persistent inflation could force Fed to re-consider their rate cut campaign next year. But that’s for 2025. Next week’s FOMC meeting will likely see the Fed cutting interest rate by 25 basis points again – probably setting the market up for ...