US Opening - Futures point to a lower open on Wall Street S&P500

Written on 12/05/2022

Futures point to a lower open in Wall Street S&P500 -0.68% and Nasdaq -0.61%, after a positive week. Investors are already eyeing next week when the FOMC, the Federal Reserve's monetary policy arm, meets.

Crude oil up as the EU embargo enters into force and the price cap for Russian oil. Which in the end of the week saw fears return about a very aggressive strategy by the Federal Reserve after better-than-expected US employment data. European stock exchanges are also looking for direction.