Dow Futures Slip After Indices Continue Relief Rally


Stock Markets 2 hours ago (Oct 04, 2022 07:16PM ET)

Dow Futures Slip After Indices Continue Relief Rally © Reuters.

By Oliver Gray – U.S. stock futures were trading lower during Tuesday’s evening deals, after major benchmark indices extended gains for the second consecutive session after a weaker than expected reading boosted bets that the Federal Reserve will ease aggressive interest rate hikes.

By 7:10pm ET (11:10pm GMT) , and fell 0.3% apiece while were down 0.2%.

In extended deals, Airbnb Inc (NASDAQ:) gained 0.8%, Emerson Electric Company (NYSE:) lifted 4.5% while Amylyx Pharmaceuticals Inc (NASDAQ:) dropped 3.4%.

Ahead in Wednesday’s session, market participants will be focusing on and data as well and the .

During Tuesday’s regular session, the added 825.4 points or 2.8% to 30,316.3, the lifted 112.5 points or 3.1% to 3,790.9 and the gained 361 points or 3.3% to 11,176.4.

On the bond markets, rates were at 3.635%.

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