Correction: Bank of Japan, Economic Reports Damp Wall Street Pre-Bell; Asia Mixed, Europe Off

BY MT Newswires | ECONOMIC | 12/01/25 09:00 AM EST

09:00 AM EST, 12/01/2025 (MT Newswires) -- (Corrects the month for the construction spending in the eighth paragraph.)

Wall Street futures pointed moderately lower pre-bell Monday as traders weighed a possibly tighter monetary policy in Japan and awaited fresh economic data.

In the futures, the S&P 500 fell 0.5%, the Nasdaq declined 0.6% and the Dow Jones was off 0.4%.

Traders look forward to the November national private-sector ADP Employment report slated for Wednesday pre-bell, still the placeholder for the official but delayed monthly employment situation bulletin.

Also, the delayed September personal consumption expenditure core (PCE-core) index, the Federal Reserve's preferred inflation metric, will post Friday pre-bell in Washington.

CrowdStrike (CRWD), Marvell (MRVL), Salesforce (CRM), Snowflake (SNOW), and Kroger (KR) are scheduled to report earnings later this week, among others.

Asian exchanges traded unevenly overnight, with Tokyo declining 1.9% after the Bank of Japan chief hinted a rate hike was possible at the central bank's Dec. 18 to 19 policy session.

European bourses tracked moderately lower midday on the continent.

On the economic calendar is the S&P Global manufacturing purchasing managers index (PMI) for November at 9:45 am ET, followed by the November ISM manufacturing index and the October construction spending bulletin at 10 am.

In premarket action, Bitcoin traded at $86,643, West Texas Intermediate crude oil traded higher at $59.52, and 10-year US Treasuries offered 4.04.%. Spot gold traded for $4,254 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.

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