Futures Muted Ahead Of Two Key Events
Stock futures are muted, with traders awaiting two major catalysts: A possible Supreme Court ruling on whether Trump’s tariffs are legal and December payrolls — a key datapoint for the trajectory of interest rates. As of 8:00amm, S&P 500 futures are up 0.1%, with Nasdaq 100 contracts +0.2% with Mag 7 stocks mixed premarket. Mortgage stocks jump after President Donald Trump said on his social media platform that he was directing the purchase of $200 billion in mortgage bonds. LoanDepot (LDI) +16%, Rocket Co ...