Dow Futures Rise After Fed Signals More Rate Cuts Coming
Treasury yields inched lower.
Technology stocks rallied on Thursday after the Federal Reserve cut interest rates for the first time this year and signaled more easing is coming.
Chip stocks such as Nvidia and Broadcom boosted Nasdaq-100 futures. Expectations that the Fed will deliver a series of rate cuts and renewed enthusiasm for AI-linked stocks have helped drive U.S. indexes to record highs this week. Most global indexes rose early Thursday.
The Fed's latest projections suggested officials expect two more cuts in 2025...
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