Dow, S&P 500, and Nasdaq futures recover early Thursday following a broad market retreat driven by Fed rate hike signals.
Dow Jones, S&P 500, and Nasdaq futures climbed early Thursday, reversing Wednesday’s losses after Federal Reserve policymakers indicated potential rate hikes this year. The Dow rose modestly, while the Nasdaq saw stronger gains.
The market pullback followed comments from multiple Fed officials favoring tighter monetary policy. Intel (INTC) surged after President Donald Trump announced Apple (AAPL) would partner with the chipmaker to produce semiconductors domestically.
SpaceX’s recent IPO, the largest ever, drew mixed reactions, while Robinhood (HOOD) shares advanced amid broader volatility.