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US Stocks Could Lose Momentum Thursday As Futures Trade Flat Ahead Of Powell Speech — Tesla, GameStop In Focus

The major U.S. index futures are little changed on Thursday, as apprehensions return after Wednesday’s strong advances. Investors are left to contend with more Fed speeches, while the corporate news flow remains fairly light. On Wednesday, U.S. stocks opened mostly higher and stayed above the unchanged line for the bulk of the session, before closing notably higher.

BILI

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Nasdaq Futures Edge Higher Ahead Of Fed Speakers

Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade after closing lower on Tuesday. The Dow Jones dropped around 173 points, while the Nasdaq Composite declined around 86 points in the previous session. Data released Tuesday showed the ISM services index climbed to 56.9 in August from previous reading of 56.7.

BP