- U.S. Stock Futures Drop:
- S&P 500 futures down 0.41%, Dow futures down 0.43%, and Nasdaq futures down 0.46% on Friday morning, following Thursday’s losses.
- Thursday’s Market Performance:
- S&P 500 fell 0.2%, Nasdaq dropped 0.3%, and Dow lost 11.31 points.
- Fed Actions:
- The Fed raised its inflation outlook and lowered economic growth forecasts, sparking concerns of stagflation. Tariff uncertainties also weigh on market sentiment.
- Market Trends:
- Despite the volatility, the S&P 500 is set for a 0.4% weekly gain, ending a four-week losing streak, while the Nasdaq heads for its fifth straight losing week. The Dow is on track for a 1.1% gain, its best performance since January.
