Stock market today: Dow, S&P 500, Nasdaq steady with Wall Street awaiting expected Fed rate cut

Market Overview - US stocks experienced a pause as Wall Street approached a significant week with the Federal Reserve's final policy meeting of 2025, with the S&P 500 remaining stable and the Nasdaq Composite increasing by approximately 0.3% [1] - The Dow Jones Industrial Average showed little change during this period [1] Federal Reserve Expectations - Market participants are closely monitoring the potential risks to the prevailing confidence that the Fed will reduce interest rates during its two-day policy meeting starting Tuesday, with an 88% probability of a cut anticipated in Wednesday's decision, up from 67% a month prior [2] - A mild reading on September PCE consumer inflation has reinforced this expectation, contributing to increased risk appetite and consecutive weekly gains for the S&P 500 and Nasdaq [2] Economic Data Focus - This week’s economic data will be scrutinized, particularly regarding the labor market, following mixed readings from the previous week [4] - The delayed October report on JOLTS job openings is set to provide insights into hiring activity, layoffs, and the rate at which employees are leaving their jobs [4] Corporate Developments - Paramount SkyDance (PSKY) shares surged by 5% after announcing a $108 billion hostile bid for Warner Bros. Discovery (WBD), disrupting Netflix's plans to acquire the media company, which saw its shares rise, while Netflix's stock declined [5] - Upcoming earnings reports from Oracle (ORCL) and Adobe (ADBE) are anticipated on Wednesday, with Broadcom (AVGO) and Costco (COST) scheduled for Thursday [5]