S&P 500 futures are little changed after index closes at record highs: Live updates

Published On Dec 2, 2024, 6:02 PM

The U.S. stock market is experiencing slight changes in futures following record highs, with the S&P 500 and Nasdaq Composite reaching all-time closing highs. However, the Dow Jones Industrial Average dipped slightly, decreasing by approximately 0.3%. Investors are looking ahead to economic data, particularly a jobs report that could influence Federal Reserve policy. Current projections indicate a 75% chance the Fed will lower interest rates in December, which is influencing market sentiment. Earnings reports from companies such as Salesforce and Okta are also expected soon, which could impact market trends.

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Stock Forecasts

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SPY

Positive

The overall market is showing signs of strength with the S&P 500 and Nasdaq at record highs, indicating bullish sentiment. The potential interest rate cut by the Fed could further stimulate growth in the equity market, especially for technology and growth-focused stocks. Investors may find opportunities in technology sectors that typically benefit from lower interest rates.

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