The trader works on the floor of the New York Stock Exchange in New York City, USA on September 11, 2025.
Brendan McDermid | Reuters
US stock futures were largely unchanged on Sunday night after Nasdaq Composite closed at a new record high.
Dow Jones’ industrial average futures rose 25 points (0.05%). S&P 500 futures rose 0.05%, while Nasdaq 100 futures added 0.05%.
These moves come after the main average has finished a strong week. Notably, Nasdaq Composite was closed on records, rising 2% for the second consecutive week. The S&P 500 scored 1.6%, recording its best weekly performance since early August. The Dow concluded his first positive week with three innings.
Latest economic data showing weaker labor markets and tamed inflation will create strong benefits when the meeting closes Wednesday, as the Fed hopes to cut interest rates. According to CME FedWatch tools, the market was at the last price point, with a 96% certainty that the central bank would cut by a quarter percentage point, with a 3.6% chance of just 3.6%.
“All kinds of flags are leaning towards the Fed, which hosts a 25 basis point cut here,” said Mark Malek, investment chief at Siebert Financial.
Lower rates could continue to support the stock market due to investor enthusiasm surrounding artificial intelligence and despite risks to the economic outlook. Investors will also look at the Senate to see if Stephen Milan will be sworn as Fed governor in time for this week’s FOMC meeting.
The Empire State Manufacturing Index is scheduled for Monday. The economists voted by Dow Jones expect a 4.5 read, clearly lower than the previous 11.9 read.
