Wall St set for higher open as investors await more Fed clues



(For a Reuters live blog on U.S., UK and European stock markets, click

or type LIVE/ in a news window)

* U.S. weekly jobless claims edge lower

* Kohl's slashes 2022 outlook

* Estee Lauder forecasts dour 2023 on China COVID-19 lockdowns

* Futures up: Dow 0.06%, S&P 0.11%, Nasdaq 0.13%

By Bansari Mayur Kamdar and Devik Jain

Aug 18 (Reuters) - Wall Street's main indexes were set to open slightly higher on Thursday, with investors seeking fresh signals for future rate hikes after minutes from the Federal Reserve's July meeting suggested a less aggressive monetary policy tightening path.

Traders are seeing a slightly greater probability of the Fed raising rates by 50 basis points in September, rather than a third 75 basis-point hike.

"I would characterize yesterday's release of the minutes from last meeting really less hawkish," said Art Hogan, chief market strategist at B. Riley Wealth.

"The recent rally clearly has been driven by a combination of better than feared economic data and earnings."

The tech-heavy Nasdaq .IXIC has bounced nearly 22% from its mid-June lows, while the benchmark S&P 500 .SPX has risen 17%, supported by upbeat results from corporate America.

Treasury yields pulled back slightly on Thursday, giving a boost to some high-growth and technology stocks in premarket trading.

The Fed has lifted its benchmark interest rate by 225 bps so far this year to control four-decades high inflation.

Data showing softer-than-expected inflation in July has sparked a risk-on rally in Wall Street in the last few weeks, with focus now on the Fed's annual Jackson Hole symposium next week.

At 8:43 a.m. ET, Dow e-minis 1YMcv1 were up 19 points, or 0.06%, S&P 500 e-minis EScv1 were up 4.5 points, or 0.11%, and Nasdaq 100 e-minis NQcv1 were up 17 points, or 0.13%.

Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 250,000 for the week ended Aug. 13, according to data from the Labor Department.

Retail earnings have been mixed so far, with encouraging reports from Walmart WMT.N and Home Depot HD.N earlier this week, while Target's TGT.N profit slump in the previous session dragged the retail sector .SPXRT down 1.2%.

Kohl's Corp KSS.N dropped 8.5% in trading before the bell on Thursday after the retailer cut its full-year sales and profit forecasts.

Estee Lauder Cos Inc EL.N slipped 1.2% as it forecast full-year sales and profit below estimates, due to a hit from pandemic-related lockdowns in China.
Reporting by Bansari Mayur Kamdar and Devik Jain in Bengaluru; Editing by Shounak Dasgupta

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示:您的資金存在風險。槓桿商品並不適合所有客戶。請詳細閱讀我們的風險聲明