Futures slipped, suggesting a rally in U.S. stocks could pause Wednesday as investors consider what Federal Reserve Chair Jerome Powell‘s recent remarks mean for the trajectory of interest rates.
Contracts tied to the S&P 500 retreated 0.4%, a day after the benchmark index jumped 1.3% in a volatile trading session. Futures for the Dow Jones Industrial Average fell 0.3%, while Nasdaq-100 futures lost 0.2%.
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