Stock market today: Dow futures hold near record high as stocks steady ahead of Fed reality check

Published On Sep 23, 2024, 6:37 AM

US stock futures remained steady on a Monday following a record week. Investors are waiting for insights from Federal Reserve officials regarding interest rates and upcoming inflation data. Concerns about overall economic health linger due to recent Fed actions suggesting potential further interest rate cuts, especially if inflation continues to cool. Additionally, Intel's stock saw a rise after news of a potential multibillion-dollar investment from Apollo Global Management.

Read full article

Stock Forecasts

INTCView INTC chart on TradingView

Positive

With the expectation of further rate cuts and continued interest in tech stocks, particularly Intel due to significant investment interest and a potential acquisition scenario, investor sentiment seems favorable for tech stocks. However, broader market health remains tied to Federal Reserve comments and economic indicators.

Related News

Post Office scandal: Second IT system 'likely' to have caused shortfalls

Sep 30, 2024, 11:20 AM

A report says it is likely that Capture, which preceded the Horizon system, also caused shortfalls.

INTC

Stock market today: Dow hits fresh record, stocks close out strong week as inflation cools

Sep 27, 2024, 4:07 PM

The market is looking to August's PCE print to calculate whether another jumbo cut is coming.

AAPL
COST
INTC

Stock market today: Stocks gain as Fed's favored inflation gauge cools

Sep 27, 2024, 9:37 AM

The market is looking to August's PCE print to calculate whether another jumbo cut is coming.

INTC
BABA