U.S. stock index futures were slightly lower Wednesday morning, after Federal Reserve Chairman Jerome Powell reiterated the central bank's shift to a more 'patient' approach to monetary policy.
U.S. stock index futures were slightly lower Wednesday morning, after Federal Reserve Chairman Jerome Powell reiterated the central bank's shift to a more"patient" approach to monetary policy. At around 03:45 a.m. ET, Dow Jones Industrial Average futures were 60 points lower, indicating a negative open of more than 73 points. Futures on the S&P 500 and Nasdaq Composite were both seen relatively downbeat.
Elsewhere, President Donald Trump is scheduled to meet with North Korean leader Kim Jong Un in Hanoi, Vietnam on Wednesday. It marks their second summit in less than a year, with investors monitoring whether the meeting can break a stalemate over Pyongyang's nuclear weapons and end more than 70 years of hostility. On the data front, advanced economic indicators for December will be released at around 8:30 a.m. ET.
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