US stock futures tick lower with more Fed cues in focus By Investing.com

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Investing.com– U.S. stock index futures fell slightly in evening deals on Monday as Wall Street steadied near record highs, with focus squarely on more upcoming signals from the Federal Reserve on interest rates. 

Wall Street marked a sluggish start to the week, recovering marginally from Friday’s losses, but remaining in sight of record highs hit last week after a bumper rate cut from the Fed. 

fell 0.1% to 5,770.75 points, while fell 0.2% to 20,050.50 points by 19:16 ET (23:16 GMT). fell 0.1% to 42,451.0 points. 

Fed speakers, PCE data awaited 

Focus this week is on addresses by a slew of Federal Reserve officials- most notably – for more cues on the central bank’s plans to cut interest rates further. 

Minneapolis Fed President Neel Kashkari said he expected the Fed to slow its pace of future rate cuts after a strong start to the easing cycle, while Atlanta Fed President Raphael Bostic said the economy was nearing…

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