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Stock market today: Dow eyes 8th straight win as rate-cut hopes buoy stocks

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US Stock Futures

Investors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.

US stock futures rose on Friday, setting the Dow up for an eighth straight day of gains as investors waited for a parade of Fed speakers to test a growing confidence that a rate cut is on the way. Dow Jones Industrial Average futures put on roughly 0.3%, with S&P 500 futures also gaining 0.3% on the heels of closing above 5,200 for the first time in a month. Contracts on the tech-heavy Nasdaq 100 were up 0.4%.

Read more: How does the labor market affect inflation? Given that, investors will listen closely to speeches from a packed line-up of Fed speakers on Friday for more insight into timing, pace and chance of an easing in policy. Michelle Bowman, Neel Kashkari, and Austen Goolsbee are among those scheduled to appear.

 

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