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Treasury official backs Fed rate cuts in 2026, expects US economy to grow around 3% next year: report

Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, reportedly backed further interest rate cuts in 2026 while expecting the U.S. economy to grow by about 3% next year.

One of the most important 'Magnificent Seven' members is rumbling to life. Here's what that means for tech and the S&P 500.

U.S. stock futures (ES00) (YM00) (NQ00) are slipping ahead of a shortened session, with gold (GC00), silver (SI00) and copper (HG00) continuing to rise and the dollar DXY falling.