Stock Futures Gain Ahead of Busy Week
Update: 2025-11-24
Description
Stock futures are surging this morning, with S&P and Nasdaq futures up significantly, as investors anticipate a week of crucial US economic data and a potential Fed rate cut in December. Treasury yields have dropped, bolstering stock index futures. Ross Stores and Intuit led gains, while Veeva Systems plummeted. The Feds December meeting now has a 75% chance of a 25 basis point rate cut. Key reports this week include Retail Sales, PPI, and Durable Goods Orders, with earnings from Dell, HP, and Deere in focus. The Feds Beige Book and US stock market closures for Thanksgiving and Black Friday also warrant attention.
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