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Benzinga
Benzinga
Business
Shanthi Rexaline

US Stocks On Track To Open Higher As Nasdaq, S&P 500 Futures Spike With Hopes Pinned On Fed — Tesla, AMD, Pfizer, MicroStrategy, Chinese Stocks In Focus

U.S. index futures are pointing to higher open on Wall Street on Tuesday amid expectations that the Fed will slow down its pace of rate hikes and also use dovish language.

On Monday, stocks pulled back as traders took some profit off the table after the past week’s strong advance. Notwithstanding the decline, the Dow recorded its best month since 1976.

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