World Market News of the 7 March with FXOpen #sp500futures #nasdaqfutures #fedrate #goldprice

Stock Futures Tick Lower after Major Averages Claw Back Some of This Week’s Losses Stock futures inched down Thursday after the major averages posted their first winning session in three days. Futures tied to the Dow Jones Industrial Average dipped 37 points, or 0.1%. S&P 500 futures ticked lower by 0.2%, and Nasdaq-100 futures slid 0.4%. All major averages finished higher Wednesday following back-to-back losing sessions. The S&P 500 rose %, while the Nasdaq Composite added about 0.6%. The Dow Jones Industrial Average gained nearly 76 points, or 0.2%. Source: CNBC Powell Reinforces Position that the Fed Is Not Ready to Start Cutting Interest Rates In prepared remarks for appearances on Capitol Hill, Fed Chair Jerome Powell said policymakers remain attentive to the risks that inflation poses and don’t want to ease up too quickly. “The Committee does not expect that it will be appropriate to reduce the target range until it has gained greater confidence that inflat