financetom
Market
financetom
/
Market
/
Upcoming Key Inflation Metric, Fed Minutes Drive Premarket Gains for US Equity Futures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Upcoming Key Inflation Metric, Fed Minutes Drive Premarket Gains for US Equity Futures
Nov 25, 2024 5:36 AM

08:11 AM EST, 11/25/2024 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders looked ahead to the minutes from the Federal Reserve's most recent policy-setting meeting as well as a key inflation metric.

Dow Jones Industrial Average futures rose 0.7%, S&P 500 futures increased 0.5%, and Nasdaq futures were up 0.5%.

The Federal Open Market Committee will release the minutes from its latest meeting Tuesday.

The Personal Consumption Expenditures price index, the Fed's preferred measure of inflation, will be released Wednesday.

US stock markets will be closed Thursday for the Thanksgiving Day holiday, and will also close early at 1 pm ET the following day.

Oil prices were little changed, with front-month global benchmark North Sea Brent crude down 0.1% at $74.54 per barrel and US West Texas Intermediate crude down 0.1% at $71.15 per barrel.

The Dallas Federal Reserve's manufacturing business index is scheduled for release at 10:30 AM ET.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Tech
Sector Update: Tech
Apr 25, 2024
01:34 PM EDT, 04/25/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the SPDR S&P Semiconductor ETF (XSD) adding 1.7%. The Philadelphia Semiconductor index rose 1.7%. In corporate news, Meta Platforms ( META ) late Wednesday reported Q1 earnings and revenue that topped estimates by analysts while raising...
Sector Update: Energy
Sector Update: Energy
Apr 25, 2024
01:31 PM EDT, 04/25/2024 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 0.3% and the Energy Select Sector SPDR Fund (XLE) up 0.1%. The Philadelphia Oil Service Sector index was posting a 1% drop, and the Dow Jones US Utilities index was rising 0.5%. Front-month West Texas Intermediate crude oil was declining...
Sector Update: Health Care
Sector Update: Health Care
Apr 25, 2024
01:42 PM EDT, 04/25/2024 (MT Newswires) -- Health care stocks were retreating Thursday afternoon, with the NYSE Health Care Index decreasing 0.6% and the Health Care Select Sector SPDR Fund (XLV) down 0.7%. The iShares Biotechnology ETF (IBB) fell 1.8%. In corporate news, Bristol-Myers Squibb ( BMY ) shares plunged almost 9% following its Q1 results. ...
Sector Update: Financial
Sector Update: Financial
Apr 25, 2024
01:28 PM EDT, 04/25/2024 (MT Newswires) -- Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index shedding 0.5% and the Financial Select Sector SPDR Fund (XLF) off 0.9%. The Philadelphia Housing Index was falling 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.8%. Bitcoin (BTC-USD) was increasing 0.3% to $64,433, and the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved