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Markets Bake in Fed Rate Cut as Futures Stall. Why Powell's Comments Will Be Crucial.

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Markets Bake in Fed Rate Cut as Futures Stall. Why Powell's Comments Will Be Crucial.

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LIVEStock Market Today: Dow Set to Open UpLast Updated: Updated 46 min agoMarkets Bake in Fed Rate Cut as Futures Stall. Why Powell's Comments Will Be Crucial.ByJack DentonU.S. stock futures were stuttering on Wednesday as investors awaited a widely expected interest-rate cut from the Federal Reserve.Futures tracking the Dow Jones Industrial Average were broadly flat, after the index retreated 279 points on Tuesday to finish at 47,560. S&P 500 futures rose less than 0.1% with contracts tracking the tech-heavy Nasdaq also less than 0.1% higher.The yield on the benchmark 10-year U.S. Treasury note hovered at 4.18%.

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Source: Yahoo Finance