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Futures on US indices are growing in anticipation of the Fed meeting minutes

Oktober, 07 2020

Futures on major US stock indexes started to rise on Wednesday after a sharp drop a day earlier after President Donald Trump announced that he would stop negotiations on supporting the economy. Further trading dynamics will depend on the publication of the minutes of the last meeting of the US Federal reserve system this evening.

The Dow Jones industrial average rose 0.82% to 27928 points, the NASDAQ high-tech index rose 0.88% to 11373.88 points, and the S&P 500 broad-market index futures rose 0.83% to 3380.88 points.

Investors are awaiting the release of minutes from the Fed's September meeting, in which they think to find details of further prospects for the recovery of the American economy in the context of the coronavirus pandemic.

Yesterday's decline was caused by US President Donald Trump's announcement to end negotiations with Democrats in the house of representatives on stimulating the economy before the November presidential election. The reason was a disagreement over the amount of stimulus: house speaker Nancy Pelosi is demanding $2.4 trillion, and the White house administration is ready to give no more than $1.6 trillion.

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Pembaruan dan Prakiraan Pasar

Futures on US indices are growing in anticipation of the Fed meeting minutes

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