Fed rate hike bets retreat as markets await retail earnings and fresh economic signals: Dow Jones, S&P, Nasdaq, Wall Street Futures

Wall Street futures for the Dow Jones, S&P 500, and Nasdaq are wavering as investors focus on upcoming retail earnings following a record week. Simultaneously, bets on Fed rate hikes are retreating while markets await fresh economic signals. In Canada, TSX futures are inching higher, influenced by the easing of Fed rate hike expectations and disruptions in Hormuz. Overall, market participants remain cautious, monitoring both corporate financial results and broader macroeconomic indicators for direction.