U.S. Stock Futures Dip Following Worst Week for Dow Since October
McCreary County Record- U.S. stock futures took a slight dip Sunday night following the Dow Jones Industrial Average’s worst week since October. Dow Jones futures fell 0.05%, S&P 500 futures declined 0.17%, and Nasdaq 100 futures dropped 0.38%.
Market leaders saw profit-taking as concerns arose over high valuations and potential pullbacks in the market. February jobs data gave investors mixed signals on potential Federal Reserve interest rate cuts. Investors will be closely watching inflation data set to be released later this week for signs of progress.
Analysts do not anticipate the Fed cutting rates at its March meeting, instead looking toward potential moves later in the year. Oracle is also set to report earnings on Monday after the market close, adding to the intrigue surrounding market conditions and expectations moving forward.
Stay tuned to McCreary County Record for more updates on the latest market developments and economic news.
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