Tech Values, Fed Outlook Cramp Wall Street Pre-Bell; Asia Mixed, Europe Off

BY MT Newswires | ECONOMIC | 09/25/25 07:26 AM EDT

07:26 AM EDT, 09/25/2025 (MT Newswires) -- Wall Street futures pointed modestly lower pre-bell Thursday as traders eyed tech-sector prospects, and awaited clarity on pending rate cuts, if any, from the Federal Reserve.

The Nasdaq mildly faltered in premarket hours on concerns that AI-mania has stretched values of tech-darlings, with bellwether chipmarket Nvidia (NVDA) slipping 0.6% before the open.

In the futures, the Dow Jones hewed close to Wednesday closes, while the Nasdaq and the S&P 500 slipped 0.2%.

Asian exchanges traded unevenly overnight, although Tokyo's benchmark Nikkei 225 index struck a fresh all-time zenith. European bourses tracked moderately lower midday on the continent.

Lithium Americas (LAC) traded up 13.6% pre-bell, piling on Wednesday's 95.8% gain, after media reports that the Trump Administration may take a stake in the US-based lithium-mine operator.

On the economic calendar at 8:30 am ET is the durable goods report for August; the Q2 GDP revision; the international trade in goods report for August; the Q2 corporate profits report; the August retail and wholesale inventories bulletins, and the weekly jobless claims report.

The existing home sales report for August posts at 10 am, along with the Q2 Quarterly Services survey.

The weekly EIA natural gas report posts at 10:30 am, followed by the Kansas City Fed Manufacturing Index for September at 11 am.

Federal Reserve officials Jeffrey Schmid, president of Kansas City; Governor Michelle Bowman; Governor Michael Barr; Lorie Logan, president of Dallas; Mary Daly, president of San Francisco; and Austan Goolsbee, president of Chicago, are slated to speak on Thursday.

In premarket action, Bitcoin traded at $111,667, West Texas Intermediate crude oil traded lower at $64.77, and 10-year US Treasuries offered 4.15%. Spot gold traded for $3,760 an ounce.

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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.

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