Dow futures are little changed after clinching record high following Fed rate cut: Live updates

Published On Sep 22, 2024, 6:01 PM

The Dow Jones Industrial Average futures are slightly up after the Dow achieved a record closing level last week, encouraged by the Federal Reserve's recent 50 basis point interest rate cut, marking its first cut in four years. This has boosted stocks, leading all three major indexes—the Dow, S&P 500, and Nasdaq— to end the week with gains of over 1%. Investors are now paying attention to forthcoming economic data and speeches from Federal Reserve officials for future direction.