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Stock futures slide ahead of speech from Fed's Powell

Added 03-04-21 09:04:02am EST - “U.S. stock futures were modestly lower Thursday morning as traders await comments from Federal Reserve Chairman Jerome Powell on the economy.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Stock futures slide ahead of speech from Fed's Powell”. Below is an excerpt from the article.

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Renaissance Macro Research Economics head Neil Dutta explains the data behind his optimistic expectations for the U.S. economy.

U.S. stock futures were modestly lower Thursday morning as traders await comments from Federal Reserve Chairman Jerome Powell on the economy.

Dow Jones Industrial Average futures were trading lower by 60 points, or 0.19%, while S&P 500 futures and Nasdaq Composite futures were both weaker by 0.47%. The early selling comes a day after the Nasdaq Composite plunged 2.7% as the 10-year yield neared 1.5%, the level of S&P 500’s dividend yield.

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