"Market Tug of War: Stock Futures Rise After S&P 500 Ends Losing Streak"

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Source: CNBC
"Market Tug of War: Stock Futures Rise After S&P 500 Ends Losing Streak"
Photo: CNBC
TL;DR Summary

Stock futures edged higher after a three-day losing streak for the S&P 500, with Dow futures up 0.2% and S&P 500 and Nasdaq 100 futures each rising 0.2%. Despite recent pullbacks, the major indexes are still on track to end the month and quarter in the green. Traders are monitoring commentary from Federal Reserve Governor Christopher Waller and upcoming economic data on jobless claims, GDP, and consumer sentiment. Piper Sandler believes stocks will rally on rising recession risks, and HSBC Global Research released surprising market statistics, including Bitcoin's market cap surpassing the GDP of 159 world economies.

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