- U.S. stock index futures were steady on Tuesday, with those tracking the S&P 500 and the Nasdaq hovering around record highs, ahead of retail sales data and commentary from a number of Federal Reserve officials.
Comments from U.S. Federal Reserve officials will also be scrutinized for clues on how the central bank's members view the current economic situation and path ahead for monetary policy, after recent projections showed the Fed now sees just one interest rate cut this year instead of the three previously forecast.
Hopes for multiple rate cuts this year, enthusiasm for artificial intelligence linked companies and strong earnings from other tech firms have helped support equities, although rallies over the past few months have largely been on the back of a handful of stocks.Futures tracking the blue-chip Dow and the Russell 2000 slipped on Tuesday. The small-cap Russell is already down more than 2% for the month.
‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leaveThese top Canadian stocks can help TFSA investors generate solid capital gains and dividend income for years. The post TFSA: 3 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.FEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday.
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