Stock futures slipped on Friday after officials hinted the Federal Reserve could keep high interest rates unchanged, with tech stocks poised to fall even as Apple’s shares stabilized after dragging down the Nasdaq.
Futures on the Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) were both down about 0.2%. Nasdaq 100 futures also fell around 0.2%, with Apple stock wavering around the flatline.
Investors are weighing comments by several Fed policymakers that appeared to signal they could hold off from further rate hikes this year. That optimism was bolstered by Federal Reserve Bank of New York President John Williams saying on Thursday that US monetary policy is “in a good place,” though he did stress officials would be guided by economic data.
Inflation data is key to the Fed’s decision on whether to keep rates higher for longer, and concerns are growing about rising energy…
