U.S. shares appeared poised to fall on Monday as lingering issues about excessive rates of interest and the federal government’s rising debt burden spoiled any probability of a vacation celebration for markets.
Dow Jones Industrial Common futures slipped 100 factors, or 0.2%. Futures contracts monitoring the benchmark S&P 500 and contracts linked to the tech-heavy Nasdaq 100 had been each down 0.3%.
Traders stay involved that the Federal Reserve won’t reduce rates of interest as a lot as they hoped in 2025, with inflation nonetheless under the central financial institution’s 2% goal.
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