HomeMarket NewsUS Stock Market Live: Dow futures up 150 points, 30% China tariffs may continue till 2025-end
US Stock Market Live: Wall Street futures are trading higher ahead of the final session of the week, pointing to a positive opening. Dow futures are up by 150 points, with the S\&P 500 and Nasdaq futures gaining 15 and 50 points respectively. Thursday’s rally was driven by a drop in bond yields, as weaker-than-expected economic data fuelled expectations of further interest rate cuts by the US Federal Reserve.
US Stock Market Live: Futures on Wall Street are trading with gains indicating a positive start for Wall Street on the final trading day of the week. The Dow futures are up 150 points, while the S&P 500 and Nasdaq futures are up 15 points and 50 points respectively. Stocks had received a boost on Thursday as bond yields fell in anticipation of more rate cuts from the US Federal Reserve, after some disappointing macro data. However, the Federal Reserve chair warned that interest rates may remain higher for long as the economy navigates a period of heightened uncertainty, volatile inflation and persistent supply shocks. US President Donald Trump said that the US is set to receive huge amounts of FDI, at the conclusion of his trip to the Middle East. Oil prices are below $65 a barrel, Gold is struggling to hold $3,200, the 10-year yield is at 4.4%, while the US Dollar index is back below 101 levels. Watch this space for all the live updates.