Traders Eye Looming Fed Meeting as US Equity Futures Rise

BY MT Newswires | ECONOMIC | 06/16/25 08:18 AM EDT

08:18 AM EDT, 06/16/2025 (MT Newswires) -- US equity futures were higher pre-bell Monday, rebounding from Friday's losses fueled by the ongoing tensions between Israel and Iran, while traders looked ahead to the upcoming two-day rate policy setting Federal Open Market Committee meeting scheduled to begin Tuesday.

Dow Jones Industrial Average futures were up 0.6%, S&P 500 futures were 0.6% higher, and Nasdaq futures were up 0.8%.

Investors continued to monitor the ongoing Israel-Iran conflict, which has already entered its fourth day with both sides escalating their attacks.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.2% at $73.35 per barrel and US West Texas Intermediate crude 1.3% lower at $72.05 per barrel.

The Empire State Manufacturing Index, scheduled for release at 8:30 am ET, is seen coming in at minus 5.9 in June versus minus 9.2 in May, according to estimates compiled by Bloomberg.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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