Fed Outlook Nudges Wall Street Up Pre-Bell; Asia Mixed, Europe Steady

06:09 AM EST, 12/08/2025 (MT Newswires) -- Wall Street futures pointed modestly higher pre-bell Monday as traders await the Wednesday afternoon rate decision from the Federal Reserve.

There is a four-in-five chance Fed Chair Jerome Powell's central bank will announce a 0.25% rate cut, according to the CME Group FedWatch Tool.

In the futures, the S&P 500 rose 0.1%, the Nasdaq inclined 0.2% and the Dow Jones was steady.

Investors also look forward to the Tuesday release of the October Job Openings and Labor Turnover Survey (JOLTS), sure to be parsed for clues to labor market tightness, ahead of the Fed decision.

Asian exchanges traded choppily overnight, with Seoul and Taiwan gaining on tech-sector strength, while European bourses tracked evenly midday on the continent.

Toll Brothers (TOL) plans to report earnings after-bell, among others.

The economic calendar is vacant.

In premarket action, Bitcoin traded at $92,032, West Texas Intermediate crude oil traded lower at $59.48, and 10-year US Treasuries offered 4.15%. Spot gold traded for $4,206 an ounce.

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