Stock Market News

Dow futures tick higher, Fedspeak in focus

2023.06.22 19:52


© Reuters.

Investing.com – Stock futures lifted slightly during Thursday’s evening trade, following a mostly positive session among major benchmark averages after Federal Reserve Chair Jerome Powell before the Senate Banking Committee, noting that future rate hikes will likely slow from their aggressive pace last year.

By 7:30pm ET (11:30pm GMT) and were up 0.1% apiece, while were flat.

Ahead in Friday’s session, investors will be closely monitoring preliminary and PMIs, as well as further speeches from FOMC members , and .

During Thursday’s regular trade, the finished flat at 33,946.7, the gained 16.2 points or 0.4% to 4,381.9 and the added 128.4 points or 1% to 13,630.6.

On the bond markets, rates were at 3.797%.

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