Market Overview - US stock futures advanced as investors moved past a challenging week, anticipating key economic data to shape interest rate expectations for 2026 [1] - Contracts on the S&P 500 and Nasdaq 100 rose by 0.4%, while the Dow Jones Industrial Average also saw a 0.4% increase [1] Sector Rotation - Concerns over inflated AI expectations have led investors to shift from tech stocks to value stocks, impacting the Nasdaq Composite and S&P 500, while the Dow remained relatively insulated due to fewer tech components [2] - Many strategists view this sector rotation positively, indicating a broader support for stocks beyond just tech leadership [2] Economic Data and Federal Reserve Outlook - The upcoming week is critical for assessing the potential for further Federal Reserve easing, with significant economic reports delayed due to a government shutdown [4] - Key reports include the November jobs report, an inflation reading for November, and an update on October retail sales, all of which are closely monitored by investors [4] Federal Reserve Leadership Changes - The future direction of the Federal Reserve may be influenced by the end of Chair Jerome Powell's term in May, with potential candidates like Kevin Hassett and Kevin Warsh being considered for the position [5] - Hassett has indicated he would consider Trump's policy views if appointed, but emphasized that the Fed's rate decisions would remain independent [5]
Stock market today: Dow, S&P 500, Nasdaq futures rise to usher in final trading week packed with data
Yahoo Finance·2025-12-15 09:53