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US Stocks Could Wobble As Powell’s Inflation Obsession Intensifies Rate Uncertainty: Will Nasdaq Wipe Off Week’s Gains?

U.S. stocks are priming for a lackluster open on Friday, with the index futures trading on a narrowly mixed note. Interest rate worries have likely perked up, as reflected by the upward move in bond yields. Traders are also left to digest some disappointing earnings reports. Global cues are negative as well.

$ETC

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Wall Street To Snap Longest Winning Streak Since 2021 Today? Earnings, Bond Yields In Focus Ahead Of Powell’s Speech

The stock market’s momentum appears to be waning, and futures suggest a mixed opening for Thursday. Earnings reports have generally been positive, with companies like Walt Disney Co.

AFRM