US contracts rise amid optimism of interest rate cuts

Interest Rate Cut Impacts Futures, Expected New Rise

 

US indices closed higher on Monday,

 amid anticipation and optimism regarding a rate cut for the US dollar.

US index futures also rose.

The data is as follows


Dow Jones

Dow Jones futures rose 0.10%

to 45,618 points.


Nasdaq

Nasdaq futures rose 0.10%

to 23,810 points.


S&P 500

S&P 500 futures rose 0.10%

to 6,510 points.


We are expected to see a strong rise in futures contracts next week

 if the US dollar actually cuts interest rates. 

This could push stocks and indices, especially the S&P 500, 

to significantly increase their gains by 2% this year.