Fed minutes, SpaceX labor complaint: analyzing the latest developments

U.S. Stock Futures Point to a Higher Open

U.S. stock futures inched higher on Thursday, following two consecutive negative sessions on Wall Street to start the new year. As investors looked ahead to fresh labor market data and digested minutes from the Federal Reserve’s latest policy meeting, futures pointed to a slightly positive open. By early morning, the S&P 500 futures had added 0.1%, while the Dow Jones and Nasdaq futures had climbed by 0.1% and 0.2% respectively. Despite the sluggish start to 2024, stocks had a strong showing in 2023, driven by hopes of easing inflation and a more dovish outlook from the Fed.