Frequency Electronics(US:FEIM) Stock Market Newsยท2025-09-12 13:07Market Overview - U.S. stock futures are showing mixed performance as investors reflect on record-setting highs and anticipate crucial economic data and the Federal Reserve's interest rate decision next week [1][2] - Major indices closed at record highs, with the Dow Jones Industrial Average (DJI) gaining over 600 points and closing above 46,000 for the first time [3] Index Performance - S&P 500 (SPX) futures are slightly down by 0.1% to 0.2%, while Dow Jones (DJI) futures are down approximately 0.2% to 0.3% [2] - Nasdaq (IXIC) futures have seen a modest increase of around 0.1% [2] - The S&P 500 closed at 6,587.47, up 0.85%, and the Nasdaq Composite closed at 22,043.07, up 0.72% [3] Upcoming Events - The Federal Reserve's interest rate decision is scheduled for September 17, with expectations of a 25 basis point cut, bringing the federal funds rate to a range of 4% to 4.25% [5] - The Fed's updated "dot plot" is anticipated to indicate at least two additional rate cuts by the end of the year [5] - Key economic data releases include the Consumer Sentiment report, August retail sales, industrial production, and housing starts [6] Company-Specific News - Adobe (ADBE) shares rose in premarket trading after reporting better-than-expected fiscal third-quarter earnings and raising its full-year outlook [7] - Microsoft (MSFT) shares increased following the EU's acceptance of changes to its Teams platform and a non-binding agreement with OpenAI [12] - Nvidia (NVDA) stock futures indicate steady performance after a 3.85% increase in the past 24 hours and a 61.96% year-over-year rise [12] - RH (RH) shares fell 7% after missing sales and profit targets and lowering its full-year guidance [12] - Warner Bros. Discovery (WBD) shares soared 29% amid reports of a potential takeover bid from Paramount Skydance Corp. [12] - Ibex Ltd. (IBEX) surged 24.75% after announcing better-than-expected fourth-quarter results and strong guidance for fiscal year 2026 sales [12]