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Down futures traded in the red as investors brace
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Down futures traded in the red as investors brace for key Fed minutes release. Market watchers expect the document to reveal internal debate on rate cuts, influencing short-term equity sentiment toward caution. When Wall Street will get the next data reports on the job market is uncertain, though. A shutdown of the federal government would cause delays for several important reports, including Friday’s on how many jobs U.S. employers created and destroyed in September. Nvidia has also unveiled its own recent flurry of deals, from a $100 billion investment in OpenAI ( OPAI.PVT ) to a $5 billion stake in Intel ( INTC ). Down futures slipped modestly overnight amid mixed Asian market performance. Economic growth data from China came in softer than expected, which may hurt global demand projections and weigh on resource-heavy Dow components.