S&P 500 Set to Open Higher as Fed Chair Warsh Calms Rate Fears
Updated
Updated · The New York Times · Oct 16
S&P 500 Set to Open Higher as Fed Chair Warsh Calms Rate Fears
3 articles · Updated · The New York Times · Oct 16
Summary
U.S. stocks were poised to start Friday in positive territory, with the S&P 500 set to open green after investors took reassurance from Fed Chair Kevin Warsh.
Warsh’s comments appeared to ease anxiety over when the Federal Reserve might move on interest rates, shifting the immediate market focus from tightening fears to a steadier policy outlook.
The move underscored how heavily equity sentiment still depends on Fed signals, even as investors weigh broader themes including massive A.I. spending and its effect on growth and inflation.