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Futures are flat following another day of losses after Fed rate hike, sell-offs

CNBC LogoCNBC1w ago

Futures are flat following another day of losses after Fed rate hike, sell-offs

Quick Summary

Futures were largely flat after hours as investors continued responding to the Fed's decision.

Although the retailer posted fiscal fourth-quarter revenue and earnings that topped analysts' expectations, it is seeing higher freight and labor costs.

Dow Jones Industrial Average futures rose by 41points, or 0.14%.


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News Analysis

Category: Nation Politics

Topics: Articles Source:tagname:CNBC US Source Cnbc Stock markets Breaking News: Markets Markets Stocks United States FedEx Corp

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: cnbc.com

Readership Location: United States

Published Date: 2022-09-22, 22:55:46

News Timezone: GMT -5:00

Language: English

Original Article Length: 473 words

Reading Duration: 3 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 2330274

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CNBC Logo

Name: CNBC

Main Topics: NationPolitics

Official Website: cnbc.com

Update Frequency: 37 posts per day

Last Update: 9h ago

Headquarters: United States

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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