The trader works on the floor of the New York Stock Exchange (NYSE) in New York City, USA on September 15, 2025.
Brendan McDermid | Reuters
US stock futures remained little different on Sunday night after a strong week of major averages. There, the Dow Jones Industrial Average and the S&P 500 were closed at an all-time high.
Dow futures fell 51 points (0.11%). The S&P 500 futures and Nasdaq 100 futures were soaked at 0.13% and 0.15%, respectively.
The stock market recorded solid weekly progress. The S&P 500 and Dow rose 1.2% and 1% in one week respectively. The high-tech Nasdaq jumped 2.2%. The Small-Cap Russell 2000 also surged 2.2%, marking its seventh consecutive profit.
These moves come after the Federal Reserve cut interest rates at a quarter rate last week, the first cut since December. It was a widely anticipated decision that after some initial volatility, investors ultimately meant that central banks had taken a tremendous leaps amid signs of slowing the labour market.
According to the CME FedWatch tool, the market is priced with two more quarterpoint cuts from now until the end of the year. Investors will review further caution on future macroeconomic data and pay more attention to the expected pathway for monetary easing remains intact.
“With stocks and fee markets still priced at an additional five times the cut next year, further support for stocks will depend on incoming macro data, which is, in our view, more robust than robust rate macro data.”
Next week, the latest Personal Consumption Expense Price Index (Fed’s Priority Inflation Scale) is expected to show an increase in pricing pressure. Investors expect the Fed will remain sufficient owners to maintain its current stance on monetary policy.
