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Wall Street set for mixed open as Fed belt-tightening send tech stocks lower

Wall Street set for mixed open as Fed belt-tightening send tech stocks lower

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6.30am: US stocks seen opening mixed as tech stocks weigh US stocks are expected to open mixed following a sharp selloff on Wednesday after minutes from the Federal Reserve’s most recent meeting revealed an accelerated timetable of interest rate hikes and the possible reduction in its balance sheet.  Futures for the Dow Jones Industrial Average rose 0.25% in Thursday pre-market trading, while the broader S&P 500 index gained 0.04%.

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