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S&P 500, Nasdaq Futures Relay Cautious Optimism As Fed Speeches Loom; Cisco Takes Off On Earnings

Futures trading during the premarket hours is suggesting cautious optimism for Wall Street on Thursday, following the tech-led pullback seen in the previous session. On Wednesday, the major averages gap-opened lower and languished mostly below the flat line, although the FOMC minutes that suggested future rate hikes could be less steep helped cut some losses.

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Nasdaq Futures Retreat Sharply As Investors Look Ahead To Retail Sales Data, FOMC Minutes; Apple Doesn’t Budge Despite Twin Price Target Hikes

The major U.S. index futures are pointing to a lower open on Wednesday following the mixed close in the previous session. At the time of going to press, the Dow Jones and S&P 500 futures were slipping 0.54% and 0.68%, respectively, and the Nasdaq 100 futures were down a steeper 0.81%.

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Elon Musk’s Chest-Thumping, Shiba Inu Rallies, Google Issues Ultimatum To Workforce: 5 Key Stories You May Have Missed From The Weekend

The past weekend saw some activity in the crypto market, and it remains to be seen if the buoyancy spills over into their equity counterparts. As the major U.S. averages fight to carry on the momentum from last week, here's a recap of a few major headlines that hit the wire over the weekend.

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