Yahoo Financeยท2025-09-17 23:14Market Overview - US stock futures rose significantly after the Federal Reserve indicated a return to easing interest rates, with Dow Jones futures up 0.7%, S&P 500 futures up 0.8%, and Nasdaq 100 futures leading with a 1.2% gain [1] - The S&P 500 is poised to cross 6,700 at the open, following a close above 6,600 for the first time this week, indicating a positive trend in the market despite historical challenges in September [4] Intel and Nvidia Partnership - Intel's shares surged nearly 30% in premarket trading due to Nvidia's announcement of a $5 billion investment in the company, although the partnership did not include a crucial manufacturing deal [2][6] - Nvidia's investment is seen as a significant boost for Intel, which has been struggling in the competitive chip market [6] Federal Reserve Insights - The Federal Reserve's recent decision to cut rates by a quarter percentage point has led to a more optimistic market outlook, despite concerns raised by Fed Chair Jerome Powell regarding high inflation and a weak labor market [3][7] - The Fed's "dot plot" suggests two more rate cuts are likely in 2025, which could further influence market dynamics [3] Corporate Earnings and Economic Indicators - FedEx is expected to report quarterly results that may reflect a profit hit due to changes in tariff exemptions affecting low-value packages from China and Hong Kong [5] - Investors are awaiting weekly jobless claims figures for additional insights into the labor market [3] Other Corporate Developments - Moody's has flagged potential risks associated with Oracle's $300 billion in AI contracts, although no immediate ratings action has been taken [8] - Disney's stock remained stable after the indefinite suspension of "Jimmy Kimmel Live!" due to backlash over controversial remarks [10][11]