Traders and floor officials react to technical issues on the floor at the New York Stock Exchange on June 3, 2024.
U.S. stock futures were little changed Sunday night after a winning week, as traders looked ahead to the Federal Reserve's interest rate decision and May inflation data.
S&P 500 futures and Nasdaq 100 futures were flat.
Markets are now pricing in just one rate cut this year, coming in November, according to the CME FedWatch tool.
... On the hawkish side is that the firm NFP and associated details suggest labor demand growth remains solid."
Persons:
Macquarie's David Doyle
Organizations:
New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Nvidia, Apple's Worldwide