Stocks Set To Open Higher As Dovish Powell Comments Boost Sentiment, ECB Decision In Focus

Published by

March S&P 500 futures (ESH23) are trending up +0.47% this morning after three major U.S. benchmark indices staged a rebound on Wednesday after the Federal Reserve announced a further slowdown in the pace of interest rate hikes and a more dovish-than-expected message from Fed Chairman Jerome Powell boosted hopes of an economic soft landing. Three major U.S. stock indexes were fueled primarily by gains in the Technology, Consumer Services, and Consumer Goods sectors. The Federal Reserve raised interest rates by 25 basis points to a range of 4.50% to 4.75% on Wednesday, marking a slowdown from th…

Read More

See also  YOURSAY | Minister, stop being a defender of Touch 'n Go

Leave a Reply