Thursday, December 20, 2018

Top 5 Things to Know Today: U.S. Futures Hold Steady Amid Fed-Induced Global Equity Selloff

Investing.com Thursday, December 20, 2018


The Federal Reserve raised rates and kept most of its guidance for additional hikes over the next two years, spooking markets that were hoping for a more dovish policy outlook. 

U.S. stock futures pointed to a steady open, as Wall Street's three major indexes attempted to find their footing after suffering a steep Fed-related selloff a day earlier.   

Away from equities, the U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.8% at 95.74, its worst level since Nov. 7.

Here are the top 5 things you need to know in financial markets on Thursday;

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