Stock Futures Slip After Fed-Driven Rally

U.S. stock futures ticked lower, a day after comments from Federal Reserve Chairman

Jerome Powell

about the central bank’s future interest-rate plans sent stocks on Wall Street soaring to their biggest one-day gain since 2020.

S&P 500 futures declined 0.5% and futures tied to the Dow Jones Industrial Average fell 0.3%. Contracts on the tech-focused Nasdaq-100 fell 0.7%. Changes in equity futures don’t necessarily predict market moves after the markets open.

European stocks climbed Thursday for a two-day run of gains. The Stoxx Europe 600 gained 1.5% in morning trade, led by gains in the consumer staples and energy sectors.

Anheuser-Busch InBev

rose 3.3% for a…

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