{"id":121685,"date":"2021-09-22T11:32:44","date_gmt":"2021-09-22T11:32:44","guid":{"rendered":"https:\/\/fin2me.com\/?p=121685"},"modified":"2021-09-22T11:32:44","modified_gmt":"2021-09-22T11:32:44","slug":"futures-rise-as-evergrande-concerns-ease-fed-now-in-focus","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/","title":{"rendered":"Futures rise as Evergrande concerns ease, Fed now in focus"},"content":{"rendered":"
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS\/Andrew Kelly\/File Photo<\/figcaption>

(Reuters) – U.S. stock index futures rose on Wednesday as concerns over China\u2019s Evergrande eased after the property developer negotiated a domestic bond payment deal, with investors now awaiting policy cues from the Federal Reserve later in the day.<\/p>\n

Evergrande\u2019s main unit said it had negotiated a deal with bondholders to settle interest payments on a domestic bond, which helped calm fears of an imminent default that could unleash global financial chaos.<\/p>\n

The S&P 500 has fallen for 10 of the past 12 sessions since hitting a record high, as fears of an Evergrande default exacerbated seasonally weak trends and saw investors pull out of stocks trading at lofty valuations.<\/p>\n

Focus now turns to the Fed\u2019s decision, due at 2 p.m. ET (1800 GMT) where the bank could possibly unveil plans to begin scaling back its massive coronavirus-related stimulus measures.<\/p>\n

A raft of positive economic data in recent weeks has strengthened expectations for a taper announcement from the central bank by as soon as September.<\/p>\n

Commodity-linked oil and metal stocks led gains in premarket trade, while a slight rise in Treasury yields supported major banks. However, most sectors were nursing steep losses in recent sessions.<\/p>\n

U.S. S&P 500 E-minis were up 25.5 points, or 0.59%, at 06:26 a.m. ET. Dow E-minis were up 222 points, or 0.66%, with 50,454 contracts changing hands. Nasdaq 100 E-minis were up 57.75 points, or 0.38%.<\/p>\n

The Nasdaq fell the least among its peers in recent sessions, as investors pivoted back into big technology names that had proven resilient through the pandemic.<\/p>\n

Among individual stocks, Fedex Corp fell 5.8% on posting a lower quarterly profit and the delivery firm also cut its full-year earnings forecast.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July […]<\/p>\n","protected":false},"author":3,"featured_media":121684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nFutures rise as Evergrande concerns ease, Fed now in focus - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Futures rise as Evergrande concerns ease, Fed now in focus - Fin2me\" \/>\n<meta property=\"og:description\" content=\"FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-22T11:32:44+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/09\/Futures-rise-as-Evergrande-concerns-ease-Fed-now-in-focus.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/\",\"url\":\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/\",\"name\":\"Futures rise as Evergrande concerns ease, Fed now in focus - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-09-22T11:32:44+00:00\",\"dateModified\":\"2021-09-22T11:32:44+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Futures rise as Evergrande concerns ease, Fed now in focus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Futures rise as Evergrande concerns ease, Fed now in focus - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/","og_locale":"en_US","og_type":"article","og_title":"Futures rise as Evergrande concerns ease, Fed now in focus - Fin2me","og_description":"FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July [...]","og_url":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/","og_site_name":"Fin2me","article_published_time":"2021-09-22T11:32:44+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/09\/Futures-rise-as-Evergrande-concerns-ease-Fed-now-in-focus.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/","url":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/","name":"Futures rise as Evergrande concerns ease, Fed now in focus - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-09-22T11:32:44+00:00","dateModified":"2021-09-22T11:32:44+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/futures-rise-as-evergrande-concerns-ease-fed-now-in-focus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Futures rise as Evergrande concerns ease, Fed now in focus"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/121685"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=121685"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/121685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/121684"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=121685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=121685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=121685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}