US stock futures were little changed on Thursday, striving to mount a further rebound as investors digested disappointing retail sales, raising further questions about a "soft landing" scenario for the US economy.
US stock futures were little changed on Thursday, striving to mount a further rebound as investors digested disappointing retail sales , raising further questions about a " soft landing " scenario for the US economy. The S&P 500 (^GSPC) gained 0.2%, coming off a solid recovery that saw the benchmark top the 5,000 mark again. The Dow Jones Industrial Average (^DJI) rose 0.5% while the tech-heavy Nasdaq 100 (^NDX) lost 0.2%.
Stocks have recouped some of the steep losses booked Tuesday after a hot inflation print dented hopes for interest rate cuts. Comments from Federal Reserve policymakers playing down the data helped soothe nerves. But investors are still wondering whether the rout was a one-off, with some seasonal weakness playing a part, or the start of a bigger pullback. Many Wall Street strategists have pointed out that there were signs of resilience even as stocks tumbled
US Stock Futures Rebound Disappointing Retail Sales Soft Landing US Economy S&P 500 Dow Jones Industrial Average Nasdaq 100 Interest Rate Cuts Federal Reserve Investors Wall Street Strategists
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