Dow futures rise after Fed chief hints at rate cut ahead

U.S. stock index futures were slightly higher Friday morning, amid optimism rooted in expectations of a Federal Reserve rate cut later this month. Around 6 a.m. ET, Dow futures indicated a positive open of more than 85 points. Futures on the S&P and Nasdaq were both seen higher. Federal Reserve Chairman Jerome Powell suggested on … Read more

France approves digital tax on American tech giants, defying US trade threat

France’s Senate approved a tax on the revenues of tech giants like Google, Amazon and Facebook on Thursday, defying a warning from the President Donald Trump administration that it “unfairly targets American companies.” On Wednesday, Trump ordered an investigation into France’s planned “digital tax” on tech companies. The proposed 3% tax would apply to the … Read more

Dow futures climb after Fed chief signals a rate cut

U.S. stock index futures were higher on Thursday morning, on the back of fresh comments by Federal Reserve Chairman Jerome Powell. Around 6 a.m. ET, Dow futures indicated a positive open of more than 70 points. Futures on the S&P and Nasdaq were both seen higher. Wall Street ended Wednesday’s session seeing record highs after … Read more

Jeff Bishop Weekly Money Multiplier Program | What to Watch for in Fed Chair Powell’s Testimony

Stocks have sold off for three straight sessions. And with 21 days remaining until the next interest rate decision, all eyes this week are on the Fed’s Jerome Powell, as he’s been busy, giving a speech yesterday on “stress testing,” and is set to provide two testimonies in Washington, D.C. As of this morning, there … Read more

Dow futures fall for a 4th straight session ahead of Fed Chair Powell’s testimony

U.S. stock index futures were lower Wednesday morning, falling for a fourth straight session, as market participants eagerly anticipated comments from the world’s most powerful central banker. Around 6 a.m. ET, Dow futures indicated a negative open of more than 70 points. Futures on the S&P and Nasdaq were both seen lower. — RECOMMENDED — … Read more