Stock futures are little changed after rate cut worries spurred a sell-off: Live updates

Published On Jan 7, 2025, 6:03 PM

U.S. stock futures are generally flat following a day of losses on Wall Street, triggered by inflation concerns stemming from new economic data. Major indices like the S&P 500, Nasdaq Composite, and Dow Jones all ended the previous session down, with tech stocks, particularly Nvidia, experiencing significant declines. The inflation data has raised doubts about the Federal Reserve's ability to cut interest rates in the near term, reflected by high forecast odds for no rate cuts this month. The market views this volatility as a buying opportunity for long-term investors despite expected ups and downs in the coming months.