Stock futures are little changed as Wall Street anticipates a long-awaited Fed rate cut: Live updates

Published On Sep 17, 2024, 6:01 PM

Stock futures showed little change as investors await a significant Federal Reserve rate cut following a long period of raising rates to control inflation. Recent trading sessions have been mixed, with the S&P 500 reaching an all-time high, while the Dow Jones slightly fell. The anticipated rate cut is expected to positively impact corporate earnings and may continue to fuel market growth, with historical data suggesting that the S&P 500 often rallies significantly in the months following an initial cut. However, there is debate over the scale of the reduction, with some analysts cautioning against a steep cut due to current market conditions.