Opening Bell: Fed Minutes Boost US Futures, Global Stocks But Dollar Retreats | investing.com – Investing.com

Opening Bell: Fed Minutes Boost US Futures, Global Stocks But Dollar Retreats | investing.com – Investing.com

The Fed downplayed inflation concerns

SPX hit a new record close

Bitcoin rallies above $57,000

Key EventsMinutes from the previous Federal Reserve meeting, , reaffirmed the bank's accommodative policy and boosted contracts on the , , and as well as European shares in trading on Thursday.Yields slid while gold is higher on a weaker dollar.Global Financial AffairsS&P futures built on yesterday's Wall Street advance, suggesting the underlying benchmark will match Wednesday's new closing high when the US session opens, perhaps even providing another record setting day when trading begins.Miners and automakers—which perform well in a growth environment—led the index higher in European trading this morning. However, the index tempered its performance, as the rebounded from a two-day loss. The island-nation is heavily dependent on exports, and a weaker pound increases sales to other countries.The pound had also been under pressure from concerns about side effects from AstraZeneca's (LON:) COVID-19 vaccine and a slowdown in the vaccination program in the UK. The Philippines have just suspended use of the vaccine for people under the age of 60 after data showed that the inoculation can cause rare blood clots and Britain's Joint Committee on Vaccination and Immunisation said that the