Futures tracking the S&P 500 and Nasdaq were largely subdued on Thursday as investors awaited more U.S. economic data for cues on the Federal Reserve’s monetary easing path, while Apple slipped following a rating downgrade. Wall Street stumbled in the first two sessions of 2024, with the benchmark S&P 500 (.SPX) notching its worst two-day performance since late October as investors booked profits after a blistering rally last year. Hopes that the Fed could start interest rate cuts this year had driven much of the gains towards the end of 2023, though the latest minutes from the central bank’s December policy meeting did not […]

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