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Futures fall as high oil prices stoke inflation worries; Tesla falls

U.S. stock index futures fell on Thursday as rising oil prices exacerbated inflation worries, while high-growth stock Tesla fell on worries over funding for Elon Musk s proposed buyout of Twitter.. | October 6, 2022

Chicago fed president sees higher interest rates bringing higher unemployment

(The Center Square) – The president of the Chicago Federal Reserve said interest rate hikes in the future could increase unemployment. During an Illinois Chamber of Commerce event in Chicago on Thursday, Federal Reserve.

Futures Pare Losses As Jobless Claims Data Calms Rate-hike Fears

U.S. stock indexes futures pared losses on Thursday, with Nasdaq futures briefly turning positive after data showing an increase in weekly jobless claims suggested the Federal Reserve may need to ease its aggressive monetary tightening cycle.

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