Prospects for the Dow, S&P, and Nasdaq rally as Powell reassures Wall Street
US stock futures increased as investors processed Fed Chair Jerome Powell’s soothing remarks following the central bank’s Wednesday interest rate hold. Futures linked to the Dow Jones Average (YM=F) increased by 0.08% on Thursday. Nasdaq futures (NQ=F) increased by 0.14%, while futures associated with the benchmark S&P 500 (ES=F) increased by 0.12%. A relief that…