U.S. Stock Futures Rise Sunday Night: S&P 500 Futures Up 0.4% Ahead of Fed Decision and Big Tech Earnings
U.S. stock futures rose on Sunday night ahead of a week featuring the Federal Reserve's interest-rate decision and earnings from the largest technology companies, according to Barron's. Just after 6 p.m. Sunday, S&P 500 futures were up 0.4%, Nasdaq 100 futures were up 0.6%, and Dow futures were up 0.3%, or 165 points.
The Fed's decision is due Wednesday afternoon. As of Sunday afternoon, markets put the probability of policymakers leaving rates unchanged at more than 90%, according to CME's FedWatch tool. The day after the decision, the United States will release the September personal consumption expenditures (PCE) price index, the Fed's long-preferred inflation gauge. S&P 500 companies reporting earnings this week include Microsoft, Alphabet and Amazon.
The major U.S. indexes finished last week mixed. The Dow Jones Industrial Average closed up 0.41% at 52,215.16, and is up 8.6% this year. The S&P 500 ended down 0.5% at 7,623.68, while the tech-heavy Nasdaq Composite wrapped up down 0.7% at 25,955.34.
In energy, oil futures rose to fresh highs on Friday as fears of renewed U.S. military strikes against Iran compounded concerns about prolonged disruptions to Middle East energy supplies. Front-month ICE Brent crude for December delivery ended the week up 6.4% at $116.72 a barrel, its highest settle since April 29. On Sunday, WTI futures were down about 1%, to around $102 a barrel. The national average for regular unleaded gasoline was $4.289 a gallon on Sunday, according to AAA, and the average price for diesel was $6.374 a gallon.
Source: GSM · USA (original Chinese edition)
Photo: 纽约证券交易所与华尔街街景，Arild Vågen摄，CC BY-SA 4.0（Wikimedia Commons）；The New York Stock Exchange and Wall Street, photo by Arild Vågen, CC BY-SA 4.0 (Wikimedia Commons)
