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Market Overview<\/strong> On Thursday, all three major Wall Street indices \u2014 the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite<\/strong> \u2014 closed at record highs. The Dow and S&P 500 are both on track to end the week 0.7% higher<\/strong>, while the Nasdaq has advanced 1.5%<\/strong>.<\/p>\n\n\n\n Federal Reserve Policy Cut Lifts Sentiment<\/strong> Chair Jerome Powell<\/strong> described the reduction as a \u201crisk-management cut\u201d<\/strong> aimed at cushioning a cooling labor market. He emphasized that future decisions would be data-dependent<\/strong>, citing the dual risks of persistent inflation and uneven growth.<\/p>\n\n\n\n Analysts at Vital Knowledge<\/strong> noted that \u201cbulls are celebrating the fact that both fiscal and monetary policy are now in stimulus mode while the AI mania continues.\u201d<\/p>\n\n\n\n Trump\u2013Xi Call in Focus<\/strong> The call could serve as a stepping stone toward an in-person meeting at a South Korea summit later this year. Any progress could ease trade tensions and boost risk appetite.<\/p>\n\n\n\n Corporate Highlights<\/strong><\/p>\n\n\n\n Market OverviewU.S. stock index futures were little changed on Friday, stabilizing near record highs as traders absorbed the Federal Reserve\u2019s first rate cut since December. At 06:00 ET (10:00 GMT), Dow Jones Futures added 10 points (0.1%), S&P 500 Futures rose 3 points (0.1%), and Nasdaq 100 Futures climbed 6 points (0.1%). On Thursday, all …<\/p>\n","protected":false},"author":9,"featured_media":53440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-119027","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=119027"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119027\/revisions"}],"predecessor-version":[{"id":121416,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119027\/revisions\/121416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53440"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
U.S. stock index futures were little changed on Friday, stabilizing near record highs as traders absorbed the Federal Reserve\u2019s first rate cut since December. At 06:00 ET (10:00 GMT)<\/strong>, Dow Jones Futures added 10 points (0.1%)<\/strong>, S&P 500 Futures rose 3 points (0.1%)<\/strong>, and Nasdaq 100 Futures climbed 6 points (0.1%)<\/strong>.<\/p>\n\n\n\n
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The Fed\u2019s decision to lower its benchmark rate by 25 basis points to 4.00%\u20134.25%<\/strong> has been the key driver of recent gains. Policymakers projected two more cuts this year<\/strong> and one in 2026, underscoring a gradual approach to easing.<\/p>\n\n\n\n
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Political developments may also shape market sentiment. President Donald Trump<\/strong> and Chinese President Xi Jinping<\/strong> are scheduled to speak by phone later on Friday. According to Reuters, the discussion will likely focus on a potential deal to secure TikTok\u2019s U.S. operations<\/strong>, a major point of contention in trade relations.<\/p>\n\n\n\n
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