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U.S. stock-index futures drift higher as Wall Street weighs Fed’s monetary policy path

September 19, 2019

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U.S. stock futures on Thursday were bouncing around as Wall Street digests the second successive rate cut of 2019 by the Federal Reserve that is intended to forestall sluggish global growth and harmful trade clashes. However, the central bank failed to signal a commitment to further interest-rate reductions or kick off fresh quantitative-easing measures.

How are markets performing?

Futures for the Dow Jones Industrial Average YMU19, +0.20% were up 49 points, or 0.2%, at 27,191, those for the S&P 500 index ESU19, +0.16% edged 5.40 points, or 0.2%, higher at 3,013.50, while Nasdaq-100 futures NQU19, +0.17% added 13.50 points to reach 7,930.75, a gain of 0.2%.

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