Stock futures steady after rally

Stock futures opened slightly lower Wednesday evening to steady after rallying during the regular trading day. Affirmation from Federal Reserve Chair Jerome Powell that the central bank will take a measured approach to raising interest rates amid geopolitical uncertainty helped to momentarily appease volatile markets.

Contracts on the S&P 500 edged lower. The index ended higher by 1.9% Wednesday afternoon to close marginally below 4,400 during the regular trading day. Treasury yields also…


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