Markets Brace for Fed Decision as Tech Rally Continues and Trade Optimism Grows
Stock Market News·2025-09-16 10:07

Market Overview - U.S. stock futures are showing modest gains as investors anticipate a Federal Reserve interest rate cut, contributing to positive sentiment following record-setting sessions for technology-heavy indexes [1][2] - The S&P 500 and Nasdaq closed at new all-time highs, with the S&P 500 up 0.47% to 6,615 and the Nasdaq up approximately 0.9% to 22,349 [4] Economic Indicators - The 10-year Treasury yield has dipped 2 basis points to 4.04%, making equities more attractive [3] - Key economic data releases include August U.S. Retail Sales, expected to rise by 0.3%, and Import and Export Prices, anticipated to decline by 0.2% [6] Corporate Earnings - Ferguson Enterprises Inc. and several other companies are set to report earnings, including Evolution Petroleum Corp, Ispire Technology Inc, NexPoint Diversified Real Estate Trust, and US Gold Corp [7] Notable Stock Movements - Tesla Inc. shares rose 3.6% on Monday after CEO Elon Musk acquired over $1 billion in stock, continuing to rise by 2.5% in premarket [8][9] - Alphabet Inc. saw a significant 4% increase, reaching a market capitalization of over $3 trillion, making it the best-performing stock among the "Magnificent Seven" [13] - Seagate Technology Holdings Plc rallied over 7% following a price target upgrade from Bank of America, while Western Digital also saw a more than 4% increase [13] - Warner Bros Discovery surged 8.41% in premarket trading on reports of a potential $50 billion takeover bid from Paramount Skydance [13]