Before the Bell | Fed will consider more-aggressive interest-rate increases to reduce inflation
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures rose Tuesday, as Wall Street looked to rebound from a down session, while traders weighed Federal Reserve Chair Jerome Powell saying the central bank is open to higher rate hikes to combat rising inflation.
- Bringing down inflation and avoiding a recession will be a "challenging task," the central bank leader Jerome Powell said.
Market Snapshot
Stock futures rose Tuesday, as Wall Street looked to rebound from a down session, while traders weighed Federal Reserve Chair Jerome Powell saying the central bank is open to higher rate hikes to combat rising inflation.
Futures on the $Dow Jones Industrial Average(.DJI.US$ rose 181 points, or 0.52%. $S&P 500 Index(.SPX.US$ futures and $NASDAQ 100 Index(.NDX.US$ futures both gained 0.41%.
Top News
Stock Futures Rise Ahead of Manufacturing Data
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Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation
Bringing down inflation and avoiding a recession will be a "challenging task," the central bank leader said.
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SEC Floats Mandatory Disclosure of Climate-Change Risks, Emissions
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Alibaba to Buy Back Up to $25 Billion of Stock
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Canadian Pacific Railway, Union Agree to Arbitration, Ending Work Stoppage
$Canadian Pacific Railway(CP.US$ and the union representing its conductors and engineers agreed to shift stalled contract negotiations to binding arbitration, freeing the railway to resume freight shipments after a two-day work stoppage.
Okta Investigates Reports of a Digital Breach
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Anta Sports Profit Rises on Higher E-Commerce Contributions
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Nike Sales Rise as It Navigates Supply-Chain Snarls
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Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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