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Barchart
Barchart
Oleksandr Pylypenko

Stocks Set to Open Higher as Investors Bet on Fed Rate Cuts

September S&P 500 E-Mini futures (ESU25) are up +0.64%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.77% this morning, pointing to a higher open on Wall Street as investors placed their hopes on the Federal Reserve to step in with interest rate cuts following Friday’s weak U.S. payrolls data.

This week, market participants look ahead to a new round of corporate earnings reports and U.S. economic data, as well as remarks from Fed officials.

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