Traders Eye Looming Fed Meeting as US Equity Futures Rise
BY MT Newswires | ECONOMIC | 06/16/25 08:18 AM EDT08:18 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.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
