US Stock index futures fell Thursday morning as investors digested the Federal Reserve's latest monetary policy announcement.
Rising prices are good for banks since they have the opportunity to lend money to investors at a profitable interest rate. Lower interest rates limit the bank's ability to make profits and thus put pressure on margins
The central bank also lowered the growth outlook for 2019 and indicated that it would end up balancing the sh food reduction process by the end of September.
"While the Fed is continuing with wait times The criticism, we believe it would require a significant deterioration in growth or some exaggerated shock on the Fed markets to be fully priced in today's cycle, says Charlie Ripley, senior investment strategist at Allianz Investment Management. "The outlook for the US economy remains positive over the rest of the world economy."
Trading with the US and China is also the focus of investors for mixed comments from the White House. President Donald Trump said Wednesday that Washington's tariffs on Beijing could stay on for a "substantial period of time."
At the data front, there will be jobless claims out at 8.30. ET. And in the company's news, Tencent, Darden Restaurants and Nike are set to publish their latest results.