U.S. stock market futures climb ahead of key Fed meeting: Dow, S&P show strength while Nasdaq struggles with tech losses — Tesla rises, Nvidia dips; top stocks to watch now
This calm before the storm reflects a market balancing hope for an imminent rate cut with ongoing geopolitical and economic uncertainties.The backdrop to this subdued trading is growing confidence in the likelihood of the Fed easing monetary policies, with markets pricing in a 96% chance of a quarter-point rate cut on Wednesday. This anticipated move follows a series of soft labor reports and easing inflation data, fueling bets on further easing through year-end. Nvidia stock is falling sharply in pre-mark ...