Stock futures erase losses as Wall Street shakes off fears of higher rates [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
U.S. stock index futures rose slightly on Thursday as investors shook off fears of rising interest rates. Around 7:40 a.m. ET, Dow Jones industrial average futures were up 31 points, indicating a gain of 27 points at the open. Earlier, Dow futures pointed to a drop of more than 100 points. The Nasdaq and S&P 500 futures also pointed to slight gains for their respective markets. Investor anxiety was brought back to the surface Wednesday, after minutes from the Federal Reserve's latest meeting revealed that members saw an uptick in inflation and increased economic growth as reasons for the central bank to continue its path on raising interest rates gradually. The news consequently put investors on edge, with U.S. government debt yields rising sharply following the document's release, and Wall Street reversing gains , to finish the session lower. In terms of inflation, the Fed said it still saw it reaching its 2 percent objective, adding that inflation didn't loo
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- 4/17/24 - Form 4
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