US stock futures trim gains on view bad news is good news — and vice versa

US stock futures trim gains on view bad news is good news — and vice versa

US stock futures trimmed early gains after a stronger-than-expected rise in durable-goods data partly offset expectations for a slowing economy that in turn could limit the magnitude of Federal Reserve rate hikes. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.11% erased a triple-digit gain to remainup 23 points, or 0.1%, at 31,510. … Read more