Central Bank Views Lift Wall Street Pre-Bell; Asia Mixed, Europe Up

BY MT Newswires | ECONOMIC | 09/18/25 07:09 AM EDT

07:09 AM EDT, 09/18/2025 (MT Newswires) -- Wall Street futures pointed again to fresh record-highs pre-bell Thursday on Wall Street, as traders digested the Wednesday Federal Reserve rate cut and related commentary, along with a similar reduction by the Bank of Canada, and an expected hold-steady decision on Friday by the Bank of Japan.

In the futures, the S&P 500 rose 0.8%, the Nasdaq added 1% and the Dow Jones was up 0.7%.

Asian exchanges traded choppily overnight, with Hong Kong and Shanghai falling back, but broad equity indices in Tokyo, Taiwan and Seoul striking new all-time zeniths.

European bourses tracked solidly north midday on the continent.

FedEx (FDX), the delivery-service and economic bellwether, reports quarterly results after-bell.

On the economic calendar is the weekly jobless claims bulletin at 8:30 am ET, along with the Philadelphia Fed Manufacturing Index for September.

The August leading indicators report posts at 10 am, and the weekly EIA natural gas report at 10:30 am.

In premarket action, Bitcoin traded at $117,161, West Texas Intermediate crude oil traded lower at $63.93, and 10-year US Treasuries offered 4.05%. Spot gold traded for $3,669 an ounce.

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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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