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U.S. stock futures mixed after Dow’s record close

Sumary of U.S. stock futures mixed after Dow’s record close:

  • Fed Chair Jerome Powell reiterated that the central bank wants to see inflation consistently above its 2% target and material improvement in the U.S…
  • Announcements from the Fed and its leader dictated trading on Wednesday after the Fed upgraded its economic outlook to reflect expectations for a stronger recovery while simultaneously quelling investors’ concerns that it could abandon its easy monetary policy sooner than expected…
  • The Fed said it expects to see gross domestic product grow 6.5% in 2021 before cooling off in later years and inflation rise 2.2% this year as measured by personal consumption expenditures….

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