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Futures gain as investors cheer rate cut prospects

(Reuters) -Wall Street's three main indexes were set to open higher on Wednesday as Treasury yields slipped to multi-month lows on growing optimism about an interest rate cut from the Federal Reserve next year. Wall Street indexes ended marginally higher on Tuesday after Fed Governor Christopher Waller, deemed a hawk, hinted at lower interest rates in the months ahead if inflation continued to ease. Other similar positive comments sent Treasury yields tumbling, with the yield on the benchmark 10-year note last at an over two-month low of 4.3090%.

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Wall St eyes higher open as investors cheer rate cut prospects

Wall St eyes higher open as investors cheer rate cut prospects
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Wall St gains on rate cut prospects, soft landing hopes

Wall St gains on rate cut prospects, soft landing hopes
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Wall St gains on rate cut prospects, soft landing hopes By Reuters

Wall St gains on rate cut prospects, soft landing hopes By Reuters
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Wall St rally set to stall as Cisco, Walmart weigh

Wall St rally set to stall as Cisco, Walmart weigh
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