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Stock Futures Mixed as Hopes Rise for a Fed Rate Cut

Stock Futures Mixed as Hopes Rise for a Fed Rate Cut

U.S. stock futures were mixed on Wednesday after the Nasdaq and S&P 500 finished at record highs. S&P 500 futures were falling 0.1%, as were contracts tracking the tech-heavy Nasdaq. “Speculation over the path of interest rates has pushed tech giants on another run upwards, but Tesla’s update, showing demand for its cars beat forecasts, also lifted sentiment,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown.