Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on December 3, 2025.
Timothy A. Clary | Afp | Getty Images
Stock futures are near flat on Sunday night, following another winning week for Wall Street, as investors look toward the Federal Reserve meeting.
Dow Jones Industrial Average futures added 35 points, or 0.2%. S&P 500 futures and Nasdaq 100 futures each also rose 0.1%.
Sunday night’s action comes after a second positive week in a row for the three major indexes. The Dow and Nasdaq Composite added 0.5% and 0.9%, respectively, in the week.
The S&P 500 added around 0.3% last week, bringing the broad index about 0.7% off its all-time intraday high. The S&P 500 and Nasdaq also notched four-day winning streaks on Friday, while the Dow has been positive in three of the last four sessions.
Stocks received a boost on Friday after the delayed release of September’s core personal consumption expenditures price index came in softer than economists anticipated. That was one of the last major economic releases ahead of the Fed’s policy gathering taking place this week.
Traders have grown increasingly hopeful over recent weeks that the Fed will lower interest rates at the Federal Open Market Committee meeting, which is the final one of the year. Fed funds futures are pricing in a roughly 88% chance of a decrease, up from under 67% a month ago, according to CME’s FedWatch tool.
“Markets are appropriately focused on an interest rate cut or hold coming out of … [the] FOMC meeting,” Eric Freedman, Northern Trust’s chief investment officer for wealth management, wrote to clients. But, “investors are perhaps more interested in dynamics surrounding voting-member outlooks and future Fed leadership.”
There is no economic data of note due Monday, but the New York Fed is releasing its survey of consumer expectations in the morning. Investors will keep an eye on earnings from companies such as Lululemon, Costco, Broadcom, Oracle and Adobe slated for this week.
