{"id":1946690,"date":"2023-06-14T07:57:02","date_gmt":"2023-06-14T11:57:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sp-500-nasdaq-futures-rise-as-investors-pin-hopes-on-fed-pause\/"},"modified":"2023-06-14T07:59:20","modified_gmt":"2023-06-14T11:59:20","slug":"sp-500-nasdaq-futures-rise-as-investors-pin-hopes-on-fed-pause","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sp-500-nasdaq-futures-rise-as-investors-pin-hopes-on-fed-pause\/","title":{"rendered":"S&#038;P 500 and Nasdaq futures up on hopes of Fed pause."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsp-500-nasdaq-futures-rise-as-investors-pin-hopes-on-fed-pause%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1946690&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Investors Expect Fed to Hold Interest Rates Steady<\/h2>\n<blockquote>\n<p>(Reuters) \u2013 S&#038;P 500 and Nasdaq futures edged up on Wednesday as investors overwhelmingly expect the Federal Reserve to not <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/morgan-stanley-threat-of-high-inflation-is-real\/\" title=\"Morgan Stanley: Threat of high inflation is real\">raise interest rates<\/a> as it concludes its meet later in the day.<\/p>\n<\/blockquote>\n<p>The Fed is expected to leave interest rates unchanged at the 5%-5.25% range, for the first time since it kicked off a historically aggressive round of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fannie-mae-warns-about-americas-economic-future\/\" title=\"Fannie Mae Warns About America\u2019s Economic Future\">monetary policy tightening<\/a> in March of 2022. The decision is due at 2:00 p.m ET.<\/p>\n<p>Investors will also watch out for Fed Chair Jerome Powell\u2019s news conference after the meeting to assess the central bank\u2019s monetary policy path.<\/p>\n<h3>What to Expect<\/h3>\n<p>Traders see a 95% chance the U.S. central bank will hold rates at current levels and 63% odds of a 25-basis-point hike in July, according to the CME Fedwatch tool.<\/p>\n<p>Ahead of the announcement, investors will focus on producer prices reading for May, due at 8:30 a.m. ET, which is expected to show prices fell 0.1% last month, aiding sentiment that inflationary pressures were subsiding.<\/p>\n<p>The S&#038;P 500 and Nasdaq reached their highest closing levels in 14 months on Tuesday after <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sp-500-nasdaq-futures-rise-as-investors-pin-hopes-on-fed-pause\/\" title=\"S&#038;P 500 and Nasdaq futures up on hopes of Fed pause.\">data showed consumer prices rose modestly<\/a> in May.<\/p>\n<h3>Stocks to Watch<\/h3>\n<ul>\n<li><strong>Advanced Micro Devices:<\/strong> rose 1.7% premarket after Reuters reported that Amazon Web Services was considering using the company\u2019s artificial intelligence chips. Amazon.com\u2019s shares edged up 0.2%.<\/li>\n<li><strong>Activision Blizzard:<\/strong> slipped 0.9% after a U.S. judge granted the Federal Trade Commission\u2019s request to temporarily block Microsoft\u2019s acquisition of the video-game maker.<\/li>\n<li><strong>Tesla Inc:<\/strong> added 1.8% as the electric-vehicle maker slightly increased the price of its Model Y car in the United States.<\/li>\n<li><strong>United Health Group:<\/strong> fell 4.3% after the company signaled at an investor conference that medical costs at its health insurance unit could be high.<\/li>\n<\/ul>\n<p>Overall, the market is cautiously optimistic as investors await the Fed&#8217;s decision.<\/p>\n<div class=\"entry-content\">\n<p>Trump pleads not guilty while a White House guest transitions to being banned.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Inflation cools to 4%, that\u2019s the lowest in 2 years, but it\u2019s still well above the pre-pandemic average and the Fed\u2019s target rate of 2%.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>The U.S. confirms that China has a spy base in Cuba, located just about 100 miles from our coast.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>A night of celebration takes a rocky turn after multiple people are shot in Colorado.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>By Foo Yun Chee BRUSSELS (Reuters) \u2013 Alphabet\u2019s Google was charged by EU antitrust regulators with anti-competitive practices in its digital advertising\u2026<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Microsoft Corp\u2019s $69 billion acquisition of video game maker Activision Blizzard faced another hurdle on Tuesday after a U.S. judge\u2026<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>By Paul Sandle and Clare Jim LONDON\/HONG KONG (Reuters) -Vodafone and CK Hutchison finally unveiled the merger of their British operations on\u2026<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>By Fanny Potkin SINGAPORE (Reuters) \u2013 Incoming GoTo CEO Patrick Walujo is planning to head the Indonesian technology company only temporarily and\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>anticipated meeting. S&amp;P 500 and Nasdaq futures rose as investors predict the Federal Reserve will not increase interest rates at the end of its meeting. The Fed is expected to maintain the 5%-5.25% range, marking the first time since the start of the highly anticipated meeting.<\/p>\n","protected":false},"author":66,"featured_media":1946691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[8352,7498,20803,13465,15946,4782,12627],"class_list":["post-1946690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-8352","tag-fed","tag-futures","tag-hopes","tag-nasdaq","tag-pause","tag-sp"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1946690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1946690"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1946690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1946691"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1946690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1946690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1946690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}