Wall St futures flat as Powell tempers hopes of Dec cut; ’Mag 7’ earnings in focus
NeutralFinancial Markets

Wall Street futures are showing little movement as Federal Reserve Chair Jerome Powell has tempered expectations for an interest rate cut in December. Investors are now focusing on the upcoming earnings reports from the 'Magnificent Seven' tech companies, which could provide insights into the market's direction. This situation is significant as it reflects the ongoing balancing act between inflation control and economic growth, impacting both investors and consumers.
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