Investing.com– U.S. stock index futures rose slightly in evening deals on Sunday after a series of record highs on Wall Street, with sentiment remaining cautiously optimistic ahead of more cues on interest rates and earnings this week.
rose 0.1% to 5,334.25 points, while rose 0.1% to 18,661.50 points by 19:23 ET (23:23 GMT). rose 0.1% to 40,179.0 points.
More Fed cues, PMI data on tap this week
Focus this week is squarely on more cues from the Federal Reserve on the path of interest rates, with the of the central bank’s late-April meeting due on Wednesday.
The bank had kept rates steady and warned that it needed more confidence that inflation was coming down. But Fed Chair Jerome Powell had also said that rates were eventually expected to come down in 2024.
Several Fed officials are also set to speak this week, with particular focus on the members of the Fed’s…