Dow futures are little changed after index posts nine-day losing streak; traders await Fed decision: Live updates

Published On Dec 17, 2024, 6:01 PM

Stock futures showed little change as traders anticipate the Federal Reserve's interest rate decision. The Dow Jones index has experienced a notable nine-day losing streak, marking its longest since 1978. Analysts predict a 95% chance of a quarter percentage point rate cut; however, they also anticipate the Fed to maintain a cautious outlook on future rate reductions due to persistent inflation. Investors are particularly focused on the Fed’s language post-announcement, which could influence market volatility. Major companies like General Mills, Birkenstock, and Jabil will report earnings soon, which could also impact market sentiment.