Wall Street Wavers as Fed Meeting Kicks Off, Stifling US Equity Futures Pre-Bell

BY MT Newswires | ECONOMIC | 09:03 AM EST

09:03 AM EST, 12/09/2025 (MT Newswires) -- US equity futures were flat ahead of Tuesday's opening bell as the Federal Reserve kicked off its policy-setting meeting.

Dow Jones Industrial Average futures were flat, S&P 500 futures were little changed, and Nasdaq futures were down 0.1%.

The Federal Open Market Committee begins its two-day meeting Tuesday, concluding with a monetary policy statement at 2 pm ET Wednesday.

Oil prices were little changed, with front-month global benchmark North Sea Brent crude down 0.1% at $62.40 per barrel and US West Texas Intermediate crude 0.2% lower at $58.79 per barrel.

The US Department of Labor's Job Openings and Labor Turnover Survey, due at 10 am ET, is expected to show job openings of 7.2 million for October, according to estimates compiled by Bloomberg.

In other world markets, Japan's Nikkei closed 0.1% higher, Hong Kong's Hang Seng ended 1.3% lower, and China's Shanghai Composite finished 0.4% lower. Meanwhile, the UK's FTSE 100 was down 0.1%, and Germany's DAX index was up 0.3% in Europe's early afternoon session.

In equities, Nvidia (NVDA) shares were 0.5% higher pre-bell after the company received clearance from US President Donald Trump to export its advanced artificial intelligence chips to China. Alexander & Baldwin (ALEX) stock was up 38% after the company said late Monday it agreed to be taken private by an investor group in a deal valued at $2.30 billion.

On the losing side, Caleres (CAL) shares were 20% lower after the company reported lower fiscal Q3 adjusted earnings. Almonty Industries (ALM) stock was down 16% after the company said it priced a public offering of 18 million common shares for gross proceeds of $112.5 million.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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.

fir_news_article