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Stock Market Today: Dow Jones, Nasdaq 100 Futures Surge Following Sharp Sell-Off As Fed Kept Rates Unchanged—Freecast, Smith & Wesson In Focus

Benzinga·
Stock Market Today: Dow Jones, Nasdaq 100 Futures Surge Following Sharp Sell-Off As Fed Kept Rates Unchanged—Freecast, Smith & Wesson In Focus

U.S. stock futures rose on Thursday with the Dow Jones, Nasdaq 100, and S&P 500 advancing following Tuesday's sell-off. The Federal Reserve held interest rates steady at 3.50%-3.75% under new Chair Kevin Warsh. Markets are pricing a 72.2% likelihood of unchanged rates in July. Notable movers include Smith & Wesson surging 15.37% on better-than-expected earnings, Sleep Number plunging 55.90% due to Nasdaq delisting following bankruptcy, and FreeCast zooming 87.96% after announcing a Starlink Business reseller agreement.

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