Fed Outlook Nudges Wall Street Higher Pre-Bell; Asia Off, Europe Up
BY MT Newswires | ECONOMIC | 10/08/25 07:14 AM EDT07:14 AM EDT, 10/08/2025 (MT Newswires) -- Wall Street futures pointed modestly higher pre-bell Wednesday, as traders awaited minutes of the Federal Reserve's Sept. 16-17 policy session, slated for release in Washington at 2 pm ET.
In the futures, the S&P 500, the Nasdaq, and the Dow Jones pointed up about 0.2% from Tuesday closes.
Asian exchanges traded mostly lower overnight on waning tech-sector optimism, while European bourses tracked moderately north midday on the continent.
Gold traded for above $4,030 an ounce in morning action, near new all-time records, as investors evidently looked for safe-haven assets.
Confluent (CFLT) rose 21% pre-bell on media reports the data-streamer is exploring a sale.
On the economic calendar is the EIA's weekly petroleum status report, at 10:30 am ET. The EIA has indicated it will continue releasing reports, despite the federal government shutdown.
Federal Reserve officials Governor Michael Barr, Minneapolis President Neel Kashkari, and Chicago President Austan Goolsbee are slated to speak on Wednesday.
In premarket action, Bitcoin traded at $122,667, West Texas Intermediate crude oil traded higher at $62.39, and 10-year US Treasuries offered 4.11%. Spot gold traded for $4,038 an ounce.
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