Stocks Set to Open Sharply Lower as Fed Rate Cut Hopes Fade, U.S. Inflation Data and Big Bank Earnings in Focus
S&P 500 E-Mini futures (ESH25) are down -0.83%, andMarch Nasdaq 100 E-Mini futures (NQH25) are down -1.26% this morning, while Treasury yields continued to rise, as investors trimmed bets on Federal Reserve interest rate cuts following Friday’s strong payroll data.