US stock futures cut losses
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U.S. stock market futures were well off their lows, with the Dow contract now down by about 200 points or so, as investors react to reports that Kevin Warsh will be the nominee to be Fed chair. A notable non-reaction came from the bond market,
Asian markets tracked weaker US futures as USD/JPY slid below key support, reviving yen carry trade risks and dampening sentiment across Japan and regional equities.
Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures, while crude oil futures rebounded from multiyear lows. California could suspend Tesla sales, but not right away. OpenAI and Amazon reportedly are in talks.
U.S. stock futures were mostly higher on Wednesday morning as investors awaited the Federal Reserve’s interest rate decision and earnings reports from some of the largest technology companies due later in the day.
Dow Jones and Nasdaq 100 futures advance in Asian markets as softer Japanese data weakens the yen and fuels demand for risk assets ahead of Fed signals.
Stocks rose on Thursday, extending their gains from the previous session after easing geopolitical fears sparked a broad-based market rally.
Stock indexes reject their recent highs as trade uncertainty returns. Still, dip buyers are showing resilience, taking stock indexes back higher after a rough post-MLK Day session open. Exploring technical levels for the Dow Jones, Nasdaq and S&P 500.