U.S. stock futures were steady late Sunday as Wall Street enters a critical week dominated by the Federal Reserve’s final policy meeting in 2025.
Futures tied to the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F) and Nasdaq 100 (NQ=F) are all hovering near flat lines.
The modest move comes after several weeks of gains in major indicators. The S&P 500 (^GSPC) rose 0.3% last week, while the Dow (^DJI) and Nasdaq Composite (^IXIC) gained 0.5% and 0.9%, respectively. Markets were boosted by mild September personal consumption spending data, which suggested little impact on “core” spending.
There will be a slew of economic data releases in the week ahead, chief among them Tuesday’s meeting of the Federal Reserve’s rate setters. The public has been watching the Federal Reserve closely ahead of Chairman Jerome Powell’s announcement and press conference on Wednesday, with confidence in a rate cut reaching an optimistic high.
Expectations for a rate cut have risen sharply recently, with federal funds futures now implying an 88% chance of a rate cut, significantly higher than the less than 67% chance a month ago, according to CME FedWatch data.
The labor market will also be in focus after last week’s mixed data. The delayed JOLTS report for October was finally released Tuesday, providing information on hiring activity, layoffs and the pace of worker resignations.
On the earnings front, quarterly results from Oracle (ORCL) and Adobe (ADBE) will be in focus on Wednesday, while Broadcom (AVGO) and Costco (COST) will be in focus on Thursday.
coming soon
Stock market coverage for Monday, December 8, 2025.
