The USA500 is currently trading below 5,000 levels.
U.S. stock index futures declined during evening trading on Thursday due to hawkish remarks from Federal Reserve officials, intensifying worries about prolonged higher interest rates.
This week, several Fed officials cautioned that persistent inflationary pressures would provide little motivation for the central bank to initiate interest rate cuts in early 2024. Their statements coincided with ongoing indicators of robust economic performance in the U.S., providing further leeway for the Fed to maintain elevated interest rates.
S&P 500 Futures dropped by 0.2%, Nasdaq 100 Futures by 0.4%, and Dow Jones Futures by 0.2%.