factory data

US futures edge lower as traders trim their bets on Fed rate cuts

Business
Jessica Roberts

Federal Reserve Chair Jerome Powell.Eric Baradat/Getty Images US stock futures edged lower ahead of Tuesday’s opening bell. Traders reacted to factory data ...

The market sees a less-than-50% chance of a June rate cut after hot factory data

Business
Jessica Roberts

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 ...