메뉴 건너뛰기

XEDITION

등업게시판

Powell due to speak at 11:00 a.m. ET



Tesla slips as Cybertruck priced above initial forecast



Futures: Dow flat, S&P down 0.16%, Nasdaq off 0.25%

(Updated at 8:26 a.m. ET/ 1326 GMT)

By Shristi Achar A and Amruta Khandekar

Dec 1 (Reuters) - Wall Street's indexes were set for a subdued open on Friday as investors were on edge in the run up to Federal Reserve Chair Jerome Powell's comments that are expected to hold clues on the interest rate path.class=

This comes after the S&P 500 and Nasdaq finished November with their biggest monthly gain since July 2022, while the Dow Jones rallied to close at its highest level since January 2022.

Data showing slowing U.S. consumer spending, some dovish comments from Fed officials and a strong earnings season propelled the equity indexes to a stellar November.

The recent slew of economic data, including Thursday's personal consumption expenditure index, signalled easing inflation in the world's largest economy, underscoring hopes the central bank would now end its interest rates hiking cycle.

But after recent conflicting policy remarks from some policymakers, investors are concerned that Powell could push back against the rate cut narrative. Powell is expected to speak at two separate events at 11 a.m. ET and 2 p.m. ET.

"Especially because of the ebullience of the markets over the last couple of weeks, there probably is a hawkish message that he's going to deliver today," said Kim Forrest, chief investment officer at Bokeh Capital Partners.

Forrest added markets were not expecting interest rates to stay at elevated levels for long.

A pause in rate hikes has been fully priced in for the upcoming December policy meeting, and traders also see an about 48% chance of at least a 25 basis point rate cut in March 2024 and rape porn an about 78% chance of another cut in May, according to CME Group's FedWatch tool.

Investors will also monitor comments from Fed Governors Lisa Cook and Chicago Fed President Austan Goolsbee, scheduled to speak during the day, and look out for manufacturing purchasing managers' index (PMI) data from the S&P Global and ISM.

At 8:26 a.m. ET, Dow e-minis were down 7 points, or 0.02%, S&P 500 e-minis were down 7.5 points, or 0.16%, and Nasdaq 100 e-minis were down 40.75 points, or 0.25%.

Tesla underperformed other megacap stocks, down 2.0% before the bell, as the EV maker priced its Cybertruck above its initial forecast.

Among other stocks, U.S.-listed shares of Alibaba slipped 1.7% premarket after Morgan Stanley downgraded the e-commerce giant, citing slower turnaround in customer management revenue (CMR).

Pfizer fell 4.3% as the drugmaker scrapped its plan to advance a twice-daily version of oral weight-loss drug danuglipron into late-stage studies.

Marvell Technology shed 4.6% after the chipmaker's fourth-quarter revenue forecast fell short of Street estimates.

Ulta Beauty rose 10.9% after the cosmetics retailer raised the lower end of its annual net sales forecast and named Paula Oyibo its new chief financial officer.

Automation software firm UiPath jumped 16.2% on beating third-quarter revenue estimates.

(Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru; Editing by Shinjini Ganguli)

번호 제목 글쓴이 날짜 조회 수
공지 esky에 오신걸 환영합니다. 관리자 2024.12.09 33
4326 Answers About Pokemon Diamond Pearl And Platinum LolitaHensman2392 2025.07.12 0
4325 Answers About YouTube AjaKilfoyle5652683 2025.07.12 0
4324 'PORNO Professor' From Gautam Buddha Uni Accused Of Sexual Harassment TerraGilmer1773 2025.07.12 0
4323 Emeli Sande Discusses 'exhilarating' Olympic Performance EarlBethea415038 2025.07.12 0
4322 Answers About Q&A MichelleTeichelmann 2025.07.12 0
4321 Mobile Casino Gaming: Your Casino In Your Pocket MuoiHutchins1337856 2025.07.12 0
4320 Answers About Math And Arithmetic NevaWorthen754981 2025.07.12 0
4319 Answers About Education IndiraDeBeuzeville6 2025.07.12 0
4318 Answers About Politics And Government WallaceBancks9991816 2025.07.12 0
4317 The Most Hilarious Complaints We've Heard About Mighty Dog Roofing ... YettaFabela0487347 2025.07.12 0
4316 Online Slot Casino PrincessHopley792720 2025.07.12 0
4315 Answers About YouTube MeganNewsom10035 2025.07.12 0
4314 US STOCKS-Stocks Advance As Earnings Pick Up; Dow Notches 8th Day... ArlethaCage2933885 2025.07.12 0
4313 Escorts Rising: The Evolution Of Sex Work Industry In Turkey JamesWoo35681241849 2025.07.12 0
4312 What Would The World Look Like Without Cabinetry Installation?... FreemanNeustadt5380 2025.07.12 0
4311 Is Nowdirect A Scam? MurrayMacon8798 2025.07.12 0
4310 The Most Innovative Things Happening With Buy Kitchen Cabinets... MyrtleFogg8248180 2025.07.12 0
4309 What Movie Had A Scene With Katie Morgan? CorinneHouse669237 2025.07.12 0
4308 Celebrity Birthdays For The Week Of July 6-12 MosesThompson280148 2025.07.12 0
4307 Oktoberfest Women Accused Of Wearing 'porno Dresses' JennaKitchen67765890 2025.07.12 0
위로