Benzinga·2025-12-09 10:30Market Overview - U.S. stock futures showed volatility, fluctuating between gains and losses after declines on Monday, with major benchmark indices futures up [1] - The Federal Open Market Committee's two-day meeting is underway, with a focus on a potential rate cut decision expected tomorrow [1] - The 10-year Treasury bond yield is at 4.15%, while the two-year bond yield is at 3.58%, with an 89.4% likelihood of a rate cut in December according to CME Group's FedWatch tool [1] Futures Performance - Dow Jones futures increased by 0.04%, S&P 500 by 0.06%, and Nasdaq 100 by 0.02%, while Russell 2000 decreased by 0.06% [2] - The SPDR S&P 500 ETF Trust (SPY) rose by 0.063% to $684.06, and Invesco QQQ Trust ETF (QQQ) increased by 0.016% to $624.38 in premarket trading [2] Stocks in Focus - Ares Management Corp. (ARES) surged by 8.71% after being announced for inclusion in the S&P 500 index effective December 11 [6] - Nvidia Corp. (NVDA) increased by 1.57% following confirmation from President Trump that NVDA can ship H200 chips to approved customers in China and other countries [6] - Toll Brothers Inc. (TOL) fell by 3.49% after reporting mixed financial results for Q4 of fiscal 2025 [6] - Tesla Inc. (TSLA) declined by 0.94% after Morgan Stanley downgraded it to equal-weight due to high valuation concerns [6] - Paramount Skydance Corp. (PSKY) rose by 1.72% after launching a $30 per share tender offer to acquire Warner Bros. Discovery Inc. (WBD), valuing it at $108.4 billion [13] Economic Insights - The Comerica Economic Weekly report indicates a cooling economy and anticipates a rate reduction of a quarter percentage point at the FOMC's final meeting of the year [10] - The report highlights a weaker job market with a decline in private payrolls and rising job cuts, alongside persistent inflation pressures from food and energy costs [12]