Business
US stock futures rise as markets recover from Federal Reserve rate hike drop
Reported by Rituparna Sen (Section Editor) Β· Google News - USA Business Β·
Verified β Confirmed by a second source: Economic Times - Markets
Confirmed by a second source: Economic Times - Markets
Major
Market Rebound
Stock futures in the United States are climbing upward as markets retrace their post-Federal Reserve moves. This comes after the Federal Reserve's rate hike decision spurred a market sell-off and caused Wall Street to slip.
Yields and Oil
Alongside the stock recovery, Treasury yields have fallen below five percent following the central bank's rate increase. At the same time, oil prices have slipped in the current trading session.
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