Market Outlook: Stock Futures Inch Up as Dow Jones Bounces Back from Sell-Off
Stock futures inched up as the market enters the last week of September with significant losses. The Federal Reserve's indication of higher interest rates and rising bond yields have contributed to the struggles in the stock market this month. The S&P 500 and Nasdaq Composite are on track for their worst month since December, while the Dow has experienced a more modest decline. Investors are also closely monitoring budget negotiations in Congress, as a failure to reach an agreement could result in a government shutdown. Despite a forecasted decline in earnings for the S&P 500, the outlook is improving, with expectations of higher profits in the fourth quarter and beyond.
