US Equity Futures Post Narrow Gains as Traders Eye Fed Rate Decision

BY MT Newswires | ECONOMIC | 06/18/25 08:11 AM EDT

08:11 AM EDT, 06/18/2025 (MT Newswires) -- US equity futures were cautiously higher pre-bell Tuesday ahead of the Federal Reserve's rate decision.

Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures were 0.2% higher, and Nasdaq futures were up 0.2%.

The Federal Open Market Committee is scheduled to release a monetary policy statement at 2 pm ET at the conclusion of its two-day meeting.

US President Donald Trump is considering a potential military action against Iran amid the ongoing Iran-Israel conflict, media outlets reported.

The US stock market will be closed on Thursday for the Juneteenth holiday.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.3% at $76.63 per barrel and US West Texas Intermediate crude 0.3% higher at $73.49 per barrel.

The new unemployment claims bulletin, scheduled for release at 8:30 am ET, is expected to show initial jobless claims decreasing by 2,000 to 246,000 in the week ended June 14. Housing starts are seen coming in at a 1.35 million annual rate for May, while permits are expected to come in at 1.42 million for the month, 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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