Want to create an interactive transcript for this episode?
Podcast: Bloomberg Daybreak: Asia Edition
Episode: US Futures, APAC Stocks Gain After Fed's First Rate Cut of 2025
Description: US equity-index futures gained, suggesting investors are regaining confidence after the Federal Reserve's decision to lower borrowing costs, even as questions linger over the path of future policy moves. Contracts for the S&P 500 and the Nasdaq 100 advanced around 0.4% in early trading Thursday, after the underlying benchmarks posted minor declines following the central bank's announcement. Stocks climbed to record highs this week as investors priced in a 25-basis-point cut ahead of Wednesday's meeting. While the Fed followed through, officials stressed policy will be decided "meeting by meeting" and warned "there's no risk-free path" ahead. Even so, policymakers now see...