Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Dow futures are rising in the hope of an aggressive relief from the Fed

Dow futures are rising in the hope of an aggressive relief from the Fed

U.S. Stock index futures continued to rise on Friday morning after two influential Federal Reserve employees hinted at a more aggressive policy relaxation by the central bank

At about 5:15 pm, Dow's futures suggested a positive 90- while the S & P 500 and Nasdaq Futures were also higher.

The shares moved south on Thursday as New York president John Williams said the central bank should "act quickly" when the economy slows down and the levels are low, adding in a speech that "it is better to take preventive measures than waiting for the disaster to develop. "

The S & P 500 reversed its trajectory to close 0.4% higher at 2.995.1

1, driven by a 0.8% rise in consumer goods, while the Nasdaq and Dow Jones industrial average ended the session on a slightly positive territory.

However, a Fed spokeswoman in New York moved to cool the speculation stemming from Williams' comments by telling CNBC that he was drawing from an academic research arch, not hinting about potential policy actions at the upcoming FOMC )

Investors in Thursday managed to dispel the mixed corporate revenue noise as Netflix's shares collapsed by more than 10 percent after the giant reported a surprising loss to US subscribers while Microsoft's shares reached record levels after winning revenue and profit analysts for the fourth quarter.

IBM reported its fourth consecutive decline in earnings while Morgan Stanley beat expectations.

American Express and BlackRock are among

Investors will follow another escalation of tension in the Middle East after President Trump said an American navy ship destroyed an Iranian unmanned airplane in "defensive actions" in the Strait of Hormuz.

19659002] – CNR's Fred Imbert contributed to this report.

Follow CNBC International on and Facebook.

Source link