{"id":1947832,"date":"2023-06-15T08:20:02","date_gmt":"2023-06-15T12:20:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-fall-as-fed-signals-more-rate-hikes\/"},"modified":"2023-06-15T08:23:17","modified_gmt":"2023-06-15T12:23:17","slug":"futures-fall-as-fed-signals-more-rate-hikes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-fall-as-fed-signals-more-rate-hikes\/","title":{"rendered":"Stock futures decline as Federal Reserve indicates additional interest rate increases."},"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%2Ffutures-fall-as-fed-signals-more-rate-hikes%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=1947832&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--><div class=\"entry-content\">\n<p>(Reuters) \u2013 U.S. <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-fall-as-fed-signals-more-rate-hikes\/\" title=\"Stock futures decline as Federal Reserve indicates additional interest rate increases.\">stock index futures edged lower<\/a> on Thursday as the Federal Reserve signaled that interest rates could increase further this year after it skipped raising them in its latest meet. <\/p>\n<p>The Fed, which left rates unchanged at the 5%-5.25% range on Wednesday, indicated that borrowing costs could rise by at least half a percentage point this year as inflation remains stubbornly persistent and the U.S. economy remains resilient.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Traders now see a 72% chance of a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fed-on-track-for-rate-hike-downshift\/\" title=\"Fed on Track for Rate-Hike Downshift\">25-basis-point rate hike<\/a> in July, up from around 60% odds a day earlier, according to the CME Fedwatch tool. <\/p>\n<blockquote>\n<h2>Surprising Resilience<\/h2>\n<\/blockquote>\n<blockquote>\n<h3>Charles Hepworth, investment director at GAM Investments, said:<\/h3>\n<\/blockquote>\n<blockquote><p><b>\u201cPowell expressed that the committee seemed surprised about the resilience of current inflation even if Tuesday\u2019s CPI print showed a continued slowing in the headline inflation rate. Admitting to being surprised that the Fed\u2019s policy to date hasn\u2019t cooled a hot jobs market is basically signaling higher rates are indeed even more necessary and can be withstood by the economy as it glides (to) a soft landing.\u201d<\/b><\/p><\/blockquote>\n<p>Investors will watch out for a slew of economic data due later in the day, including the initial jobless claims for the week ended June 10 and retail sales for May. <\/p>\n<p>U.S. stock indexes ended mixed on Wednesday as Fed comments dented investor optimism sparked by recent data showing signs of cooling inflation.      <\/p>\n<p>At 5:37 a.m. ET, Dow e-minis were down 21 points, or 0.06%, S&#038;P 500 e-minis were down 10.5 points, or 0.24%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.<\/p>\n<p>Market heavyweights Tesla, Apple, Nvidia and Amazon.com fell between 0.3% and 3.1% in premarket trading. <\/p>\n<p>Shares of Tesla also snapped a record 13-day streak of gains in the previous session, which saw the electric-vehicle maker add more than $200 billion to its market-cap. <\/p>\n<p>Domino\u2019s Pizza added 2.5% after Stifel upgraded the pizza maker to \u201cbuy\u201d from \u201chold\u201d. <\/p>\n<p>U.S.-listed shares of Chinese companies gained after the People\u2019s Bank of China(PBOC) cut the borrowing cost for its medium-term policy loans for the first time in 10 months. <\/p>\n<p>JD.com, PDD Holdings, Alibaba Group and iQIYI Inc rose between 1.5% and 3%. <\/p>\n<\/p>\n<p> (Reporting by Shristi Achar A in Bengaluru; Editing by Vinay Dwivedi)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/futures-fall-as-fed\/attachment\/traders-work-on-the-floor-of-the-nyse-in-new-16\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>20 Republicans save Adam Schiff from reimbursing taxpayers.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>On Tuesday, 45th President Trump visited a restaurant in Miami after his arraignment. CNN aired the moments with anchor Jake Tapper saying \u2018I don\u2019t need to see any more of that.\u201d <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>There have been weeks of controversy surrounding the Los Angeles Dodgers decision to honor the Sisters of Perpetual Indulgence, the self-described \u201cqueer and trans-nuns\u201d group.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A school board in southern California, Temecula Valley fires its superintendent, Jodi McClay amid controversy surrounding the board\u2019s decision to pull curriculum discussing Harvey Milk \u2013 the first openly gay man to be elected to public office in California.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Hong Kong\u2019s banking regulator said on Thursday it had, in April, asked lenders operating in the region to try and meet\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators are checking whether French media conglomerate Vivendi closed its acquisition of French publisher\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By John Revill and Fanny Potkin SINGAPORE\/ZURICH (Reuters) -Siemens will spend 2 billion euros ($2.2 billion) on a new global investment plan,\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>ZURICH (Reuters) \u2013 Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management company at 2.9\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stock index futures dipped after the Federal Reserve hinted at potential interest rate hikes this year. Despite keeping rates steady at 5%-5.25% in its recent meeting, the Fed suggested that borrowing costs may increase by at least 0.5%.<\/p>\n","protected":false},"author":66,"featured_media":1947833,"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":[7631,5182,3974,20803,8489,6366,6365,4359],"class_list":["post-1947832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-additional","tag-decline","tag-federal","tag-futures","tag-increases","tag-rate","tag-reserve","tag-stock"],"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\/1947832","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=1947832"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1947832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1947833"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1947832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1947832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1947832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}