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U.S. stock index futures showed slight gains on Thursday as investors processed the Federal Reserve's recent projections, which indicated fewer-than-expected interest rate cuts and anticipated higher inflation for the coming year. This update followed a turbulent day on Wall Street, where the main indexes experienced a selloff due to the Fed's hawkish guidance accompanying a 25 basis point rate cut. Despite the initial strength seen in premarket trading, U.S. equities ultimately closed mostly lower, reflecting investor concerns about the Fed's outlook and its impact on market stability.
US stock futures inch lower after hawkish Fed rattles Wall St https://t.co/Yfyl1PF5SM
US equities were mostly lower in Thursday trading as stocks ended near worst levels. The market came off premarket early session strength following a big Thursday selloff chalked up to the hawkish guidance that accompanied the Fed's 25 basis point rate cut. In macro news, weekly… https://t.co/ZDAjH58gzE
Wall Street's main indexes regained some ground Thursday, a day after the Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation next year wrong-footed some investors and pummeled U.S. stocks. https://t.co/XQLJXENCLI
