S&P 500, Nasdaq Futures Rise After Fed’s Rate Cut: Markets Wrap

US equity-index futuresadvanced, signaling renewed sentiment after the Federal Reserve’s interest-rate cut, even as questions lingered over the pace of future policy easing.

Contracts for the S&P 500 advanced 0.5% while those for the Nasdaq 100 gained 0.7%, after the underlying benchmarks posted minor declines following the Fed’s decision on Wednesday. Treasuries recouped some of their losses, while a gauge of the dollar rose for a second day as Fed Chair Jerome Powell termed the move a “risk-management cut.” Shares in Japan, China and South Korea rose.

Oil held a decline as traders weighed the rate cut and an ...