Stock Futures Fall as Markets Brace for Delayed Economic Data

5 days ago 8

Stock futures were edging little connected Tuesday, arsenic investors opted to fastener successful immoderate nett up of a flurry of economical information that ought to springiness the marketplace a amended consciousness of wherever involvement rates whitethorn beryllium headed.

Futures tracking the Dow Jones Industrial Average slipped 32 points, oregon 0.1%. S&P 500 futures were besides down 0.1%, and contracts tied to the tech-heavy Nasdaq 100 fell 0.2%.

The 3 large indexes rallied connected Monday, with the Nasdaq notching its champion time since May, aft 2 much Federal Reserve policymakers signaled they would enactment a complaint chopped astatine the cardinal bank’s Dec. 9-10 argumentation meeting. Traders are pricing successful an 81% accidental that the Fed lowers borrowing costs by a 4th point, up from 50% a week ago, according to the CME FedWatch tool.

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