Stock Futures Fall as Investors Consider the Fed’s 2026 Outlook – Europe Market Wrap
Stocks fell ahead of the Fed’s final interest-rate announcement in 2025, as investors waited to know how authorities perceive monetary policy for the coming year.
S&P 500 futures declined 0.1%. A surge in US stocks has slowed this week after traders took significant bets off the table, with contradictory economic data and disagreements among Fed policymakers clouding the outlook for interest rates. Europe’s Stoxx 600 edged lower, while Asian markets remained neutral.
Treasury yields have extended their climb. The 10-year rate increased by 2 bps to 4.20%, the most since the first week of September. Globally, expectations that rate-cutting cycles are coming to an end have pushed rates of long-term government debt to a 16-year high.
Investors will also be scrutinising Oracle’s post-market earnings as concerns grow about technology valuations and whether hefty investment in artificial intelligence will ultimately pay off. Because of its enormous expenditure spree and worse credit ratings, the corporation has become a bellwether for AI risk.
Silver extended its gain after breaching above $60 per ounce for the first time on Tuesday, with supply constraints and speculations on further Fed monetary easing driving the move. The white metal climbed as much as 1.6% to a record $61.6145 per ounce.
