5 hours ago
US Stock Market Live: The three major indices are holding steady after opening in the green. Earlier, US futures were boosted by falling bond yields and expected Fed rate cuts. Fed chair warns of prolonged high rates amid economic uncertainty. Trump anticipates increased FDI.
US Stock Market Live: The Dow Jones Industrial Average, the Nasdaq Composite Index and S&P are holding steady in the green after slipping into the red briefly, an hour after opening bell on Wall Street. Stocks had received a boost on Thursday as bond yields fell in anticipation of more rate cuts from the US Federal Reserve, after some disappointing macro data. However, the Federal Reserve chair warned that interest rates may remain higher for long as the economy navigates a period of heightened uncertainty, volatile inflation and persistent supply shocks. US President Donald Trump said that the US is set to receive huge amounts of FDI, at the conclusion of his trip to the Middle East.
