US, European Stock Futures Rise After Fed Rate Cut: Markets Wrap

US and European stock-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. Europe was also set for a stronger open with equities in Japan and China also climbing. 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.”

New Zealand’s bonds ...