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Benzinga
Benzinga
Business
Shanthi Rexaline

US Stocks Could Remain Jittery Thursday Over Fed Rate Hike As S&P 500, Nasdaq Futures See Volatility — McDonald's In Focus

The major U.S. index futures are flatlining, as traders are digesting the implication of the Fed's policy statement and a couple of interest rate decisions from Japan and the United Kingdom.

Fed’s decision to raise interest rates by an aggressive 75 basis points accompanied by a signal that more such rate hikes could be in the pipeline set in motion a steep sell-off in markets on Wednesday.

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