US stock futures continue to rally after the close

Author: Adam Button | Category: News

Futures finish 1.2% higher

The rally that started in the final 15 minutes of trading continued into the after-hours and futures are up 1.2% on the day. That's nearly +5% from the intraday low.
Futures finish 1.2% higher
There is some chatter about an emergency Fed rate cut after the statement from Powell but it's tough to say if it's that, position squaring, month-end rebalancing or dip buying.

The FX market didn't make any big moves late, although USD/JPY finished 30 pips from the lows.
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