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Wall Street futures hold steady after tech-fueled rally; Powell in focus
['Niket Nishan']
Zawya.com - All Regional News
Newly appointed Fed Governor Stephen Miran, however, said on Monday that the central bank risks over-tightening and harming the labor market if it holds back, highlighting the tightrope the Fed faces in balancing inflation against labor market pressures.
"Right now, it seems like it's the labor market that has the greater risk."
Comments from Fed Governor Michelle Bowman and Atlanta Fed President Raphael Bostic will also be parsed.
ET, Dow E-minis were up 33 points, or 0.07%, S&P 500 E-minis were down 3 points, or 0.04%, and Nasdaq 100 E-minis were mostly unchanged.
Wall Street has rallied so far in September, a historically weak month for equities, with the S&P 500 index recording a 3.6% lift as tenacious traders navigate uncertainties around President Donald Trump's policies.
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