Dow Jones Futures Steady as Oil Gains, Fed Rate Cut Hopes Fade
Dow Jones futures hold near 54,150, while S&P 500 and Nasdaq 100 contracts edge higher, as rising crude prices and reduced Fed easing prospects weigh on sentiment.
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U.S. equity index futures were mixed in European trading on Monday, with the Dow Jones Industrial Average futures steady at around 54,150. S&P 500 futures added 0.16% to trade near 7,790, while Nasdaq 100 futures rose 0.39%.
The modest moves came as gains in crude oil prices and fading expectations for Federal Reserve interest rate cuts kept a lid on market optimism.
Source: FXStreet Forex News