2023-06-23 08:33:00 ET
U.S. stock index futures on Friday pointed to a lower open, continuing a downward trend for the week. The benchmark S&P 500 ( SP500 ) looks on track to snap a five-week win streak, as market participants fret over the future of the Federal Reserve's rate-hiking campaign. Fed chief Jerome Powell ended his two-day testimony to lawmakers on the semi-annual monetary report on Thursday, and largely reiterated his expectation that more rate hikes are coming. Here are some stocks to watch on Friday:
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4 stocks to watch on Friday: CarMax, 3M and more