The USA500 is currently trading below 5,200 levels.
U.S. stock futures were quiet on Wednesday as investors weighed the possibility of Federal Reserve interest rate cuts and monitored corporate earnings. The Dow, S&P 500, and Nasdaq 100 futures showed little change.
Following a mixed performance in the previous session, Wall Street's major indices took a breather from recent gains. Some investors had brought forward expectations for a Fed rate cut to September, spurred by a softer-than-expected U.S. jobs report last week. This potential cut would be the first since the central bank raised borrowing costs to their highest level in over two decades to combat high inflation.
Minneapolis Fed President Neel Kashkari's recent comments suggested that recent economic data might indicate less need for restrictive monetary policy. He argued that price growth could be settling above the Fed's 2% target
