S&P 500 E-Mini Dec '18 (ESZ18)
S&P 500 E-Mini Futures Market News and Commentary
The S&P 500 Index ($SPX) on Wednesday closed up +0.07%, the Dow Jones Industrials Index ($DOWI) closed up +0.33%, and the Nasdaq 100 Index ($IUXX) closed down -0.05%.
U.S. stock indexes settled mixed on Wednesday with the Dow Jones Industrial earlier posting a new all-time high. Upbeat comments from Fed Chair Powell gave the overall market a boost Wednesday when he said the U.S. economic outlook is still positive and there's no reason the expansion can't go on. Overall, Wednesday’s comments from Fed Chair Powell before the Joint Economic Committee of Congress suggest the Fed is on hold for the foreseeable future. Mr. Powell said, "we see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook."
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