Stock market today: Dow, S&P 500, Nasdaq futures in holding pattern as Fed meeting kicks off
Yahoo Finance·2025-12-08 23:30

Market Overview - US stock futures remained stable as the Federal Reserve's December policy meeting commenced, with investors anticipating a rate cut this week and focusing on potential easing in 2026 [1][2] - The Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all traded flat, following modest losses on Monday [1] Company-Specific Developments - Nvidia's shares increased by up to 2% after President Trump approved the resumption of shipments of H200 AI chips to China, highlighting the company's role as a market driver [2] - Upcoming corporate earnings reports from Oracle, Broadcom, Costco, and Lululemon are expected to provide insights into trends in megacap AI and retail sectors [5] Economic Indicators - Benchmark 10-year Treasury yields reached their highest level in over two months but slightly retreated, indicating market reactions to the Fed's upcoming decisions [4] - The release of delayed JOLTS readings on job openings, quit rates, and layoffs for October will provide critical labor market data before the Fed's rate decision [4]