Posted 1/19/2024, 2:32:32 PM
Stocks Set to Rebound After Mixed Week; Travelers Tops Views
- Pre-market futures bouncing back, with Dow +175 points, S&P 500 +20, and Nasdaq +115
- Travelers Insurance (TRV) easily beat Q4 earnings estimates, shares up +5%
- Chicago Fed President said more progress still needed on inflation before rate cuts possible
- Consumer Sentiment and Existing Home Sales reports due out after open today
- Fed speakers making final comments before “blackout period” ahead of late January FOMC meeting