Futures extend gains as Powell says economy 'a ways off' from bond taper
Reuters2021-07-14
July 14 (Reuters) - U.S. stock index futures extended gains on Wednesday after Federal Reserve Chair Jerome Powell said the U.S. job market “is still a ways off” from the progress the central bank wants to see before reducing its support for the economy.
At 8:36 a.m. ET, Dow e-minis were up 49 points, or 0.14%, S&P 500 e-minis were up 12.75 points, or 0.29%, and Nasdaq 100 e-minis were up 94.5 points, or 0.64%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.