Stock market news live updates: Stock futures little changed after market decline on hawkish Powell remarks

Financial

U.S. stock futures were little changed Thursday evening after hawkish remarks from Federal Reserve Chair Jerome Powell hinting a half-point rate hike was likely next month sent all three major indexes tumbling during Thursday’s session.Contracts on the S&P 500 dipped 0.03%, futures tied to the Dow Jones Industrial Average were 3 points lower, and Nasdaq…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Wall Street downgrades European banks and names stocks to buy ‘in case markets turn sour’
Low housing inventory a win for homebuilders
Lumber And The WOOD ETF (NASDAQ:WOOD)
Housing Market Tracker: Banking crisis is a new variable
With New Build America Buy America Guidance on Construction Materials, Contractors Should Be More Proactive with Compliance – MarketScale