Fed Outlook Nudges Wall Street Higher Pre-Bell; Asia Off, Europe Up

BY MT Newswires | ECONOMIC | 10/08/25 07:14 AM EDT

07:14 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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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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