Investors took Wednesday's ADP data as a signal that the Federal Reserve could be more inclined to cut interest rates at its upcoming Dec. 10 meeting.
Stock futures are are little changed Wednesday night as investors grew more optimistic about a December interest rate cut.
Futures tied to the Dow Jones Industrial Average
added 48 points, or nearly 0.1%. S&P futures
hovered above the flatline, while Nasdaq 100 futures
fell less than 0.1%.
The Russell 2000 index of small-cap companies hit a record intraday high on Tuesday, supported by the prospect of future interest…
The major averages posted slim gains on Tuesday, kicking off a holiday-shortened week.
Wall Street is coming off a second day of fresh records for the major averages.
Investors continue to monitor catalysts that could affect the Federal Reserve's next interest rate move.
Stocks had a winning session Thursday with all three major averages logging fresh closing highs.
Wall Street is coming off a weak session for the major averages as traders assessed what the latest jobs report means for the…
