 "Wall Street")
US equity futures faltered, struggling to hold the momentum that propelled the S&P 500 to its best daily gain in three weeks, as investors assessed whether the world’s biggest economy can skirt worst-case recession scenarios.
Futures contracts on the S&P 500 and the Nasdaq 100 index flat-lined after Wednesday’s 1.5 per cent boost for the underlying indices on data showing US consumer confidence at an eight-month high and a further decline in inflation expectations.
The figures came a day after sportswear maker Nike and delivery firm Fedex, often seen as a bellwether for the economy, posted forecast-topping estimates, showing consumers
