Stock Futures Rise, Fed Rate Cut Hopes High
Update: 2025-12-03
Description
Stock futures rose slightly on Tuesday evening, buoyed by positive job market expectations and a rebound in Bitcoin. The Dow Jones, S&P 500, and Nasdaq futures all gained about 0.3%. The market is anticipating an 89% chance of an interest rate cut at the Federal Reserves December 10th meeting, with the ADP private payrolls report on Wednesday being a key indicator. Marvell Technology and American Eagle Outfitters saw significant gains in after-hours trading due to strong earnings reports. Investors will closely watch remaining third-quarter earnings reports from Salesforce, Macys, and Dollar Tree on Wednesday.
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