REUTERS: U.S. stock index futures jumped on Thursday after the Federal Reserve indicated that it was ready to cut interest rates as soon as next month to counter growing risks to global and domestic growth.
At 7:20 a.m. ET, Dow e-minis were up 210 points, or 0.79per cent. S&P 500 e-minis were up 24.25 points, or 0.83per cent, and Nasdaq 100 e-minis were up 94 points, or 1.22per cent. Among stocks, Apple Inc rose 1.2per cent in premarket trading after Evercore ISI raised its price target on the iPhone maker, saying investors are underappreciating a large growth opportunity.Boeing Co gained 1.4per cent after the planemaker said it is in talks with other airlines for sales of its 737 MAX after receiving a letter of intent for 200 of the grounded planes from British Airways owner IAG.
Source: Loan Digest (loandigest.net)
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