Looming November Jobs Report Stifles US Equity Futures Pre-Bell

BY MT Newswires | ECONOMIC | 12/16/25 08:29 AM EST

08:29 AM EST, 12/16/2025 (MT Newswires) -- US equity futures were little changed pre-bell Tuesday as traders stayed on the sidelines ahead of the monthly payrolls report.

Dow Jones Industrial Average futures were down 0.02%, S&P 500 futures were 0.06% lower, and Nasdaq futures were down 0.1%.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.4% at $59.69 per barrel and US West Texas Intermediate crude 1.5% lower at $55.83 per barrel.

The November jobs report, scheduled for release at 8:30 am ET, is expected to show a 40,000 increase in nonfarm payrolls, down from October's 119,000 growth, while the unemployment rate is projected to come in at 4.5% versus 4.4% previously, according to estimates compiled by Bloomberg.

The housing starts report, also due at 8:30 am ET, is expected to show an increase to a 1.32 million annual rate from 1.307 million previously, while building permits are expected to come in at 1.34 million versus August's 1.312 million.

The S&P Global Composite Purchasing Managers' Index for December is due at 9:45 am ET.

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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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