Stock market today: Dow, S&P 500, Nasdaq futures steady as Wall Street cements in rate-cut hopes – Yahoo Finance

U.S. stock futures were stable after the Dow Jones Industrial Average hit a one-month high, boosted by renewed optimism for Federal Reserve rate cuts. The S&P 500 and Nasdaq also showed positive momentum. This optimism stems from recent weaker-than-expected economic data, leading investors to believe the Fed will likely begin easing monetary policy sooner rather than later. Market sentiment is largely focused on upcoming economic reports and Fed commentary for further clues on the future trajectory of interest rates.

News summary provided by Gemini AI.