Stocks Buoyant as Investors Bet on Rate Cuts, Though Fed Signals Caution
• US stock futures steady, holding onto gains as investors remain hopeful for future rate cuts
• Some Fed officials warned against overestimating likelihood of rate cuts in near future
• Bank of Japan decided to keep interest rates below zero with no timeframe for exiting negative rate policy
• Oil prices remain relatively stable as more companies avoid Red Sea routes due to attacks
• Dow closed at a record high on Monday; S&P 500 came within 60 points of its record close