U.S. stock futures are rallying after the Federal Reserve's supersized rate cut aimed at guiding the economy 澳洲幸运5官方开奖结果体彩网:toward a soft landing cheered investors; Fed officials' forecasts, or the "dot plot," are projecting another 50-basis-point cut this year; Boeing (BA) shares are rising in premarket trading after 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Kelly Ortberg announced plans to furlough employees to preserve cash; FedEx (FDX) is expected to post Q1 profit and revenue gains after the bell; and gold (GOLD) hits fresh record highs. Here🧸's what investors need to know todaꦓy.

1. US Sto🐽ck Futures Rally After Fed’s Supersized Rate Cut 

U.S. stock futures are rising, with the Nasdaq jumping 2%, 澳洲幸运5官方开奖结果体彩网:reversing yesterday's declines in the immediate aftermath of the 澳洲幸运5官方开奖结果体彩网:Federal Reserve's 澳洲幸运5官方开奖结果体彩网:half-percentage-point cut in its influential fed funds rate. The central bank made the 澳洲幸运5官方开奖结果体彩网:bigger-than-expected cut—its first easing in four years—to prevent a further weaken🌳ing of the labor market as inflation cools.

2. 'Dot Plot' Shows Another 50-Basis-Point Cut This Year

The closely followed "dot plot" of Fed officials' forecasts showed that the central bank could cut 澳洲幸运5官方开奖结果体彩网:another half-percentage point from interest rates this year—and another full percentage point in 2025. That's a bit less aggressive than the expectations of futures traders, per the CME FedWatch tool, which suggests that investors expect 75-basis-point cuts this year.

3. Boeing Furloughs Staff as Strike Weighs

Boeing (BA) shares are rising 1% in premarket trading after 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Kelly Ortberg told staffers in a memo that the planemaker is temporarily furloughing U.S.-based employees to preserve cash as the crippling 澳洲幸运5官方开奖结果体彩网:strike by machinists continues. Ortberg said he and his executive team will take a pay cut while the strike continues. The furloughs, the new CEO said, will "impact a large number of U.S.-based executives, managers and employees," reportedly numbering tens of thousands of white-collar staff.

4. FedEx Expected to Report Q1 Gains After Bell

FedEx (FDX) shares are rising 1.5% in premarket trading ahead of its fiscal 2025 first-quarter earnings after the bell, which 澳洲幸运5官方开奖结果体彩网:analysts expect will show year-over-year revenue and profit gains. Analysts polled by Visible Alpha are projecting 澳洲幸运5官方开奖结果体彩网:net income of $1.16 billion on revenue of $21.96 billion for the delivery giant, which announced a restructuring program in April 2𒐪023 and has largely managed to increase profit despite revenue declines in recent quarters.

5. Gold Hits Fresh Record High

Gold (GOLD) prices hit a new high following the Fed's aggressive interest rate cut. Lower interest rates make gold more attractive relative to other assets. The precious metal has been rising this year, boosted by investors seeking a 澳洲幸运5官方开奖结果体彩网:safe haven amid geopolitical tensions, 澳洲幸运5官方开奖结果体彩网:central bank buying, and Chinese investors 澳洲幸运5官方开奖结果体彩网:flocking to gold, which currently is trading at around $2,600 an ounce.