Nasdaq Hits New High as U.S. Futures Hold Steady Ahead of Fed Decision
Markets hold their breath while the Fed plays interest rate roulette—because what's finance without a little central bank drama?
Nasdaq's record run defies gravity as traders eye Jerome Powell's next move. The tech-heavy index keeps climbing while the rest of Wall Street watches from the sidelines.
Futures flatline as uncertainty takes hold. Nobody's making big bets until the Fed shows its cards—typical institutional cowardice.
All eyes on the dot plot. Because apparently, economic destiny now hangs on whether some bureaucrats move their little dots up or down on a chart.
The waiting game continues. Markets will either rally on dovish signals or tank on hawkish ones—because nuance is dead and everything's binary now.
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Stocks closed mixed on Friday. The S&P 500 and Dow Jones slipped slightly as investors booked profits in some of the week’s top gainers. At the same time, strength in a few large-cap names pushed the Nasdaq 100 to a fourth straight record high.
Meanwhile, for the week, all three indexes finished higher on hopes of rate cuts. The Dow gained 0.95%, the S&P 500 ROSE 1.59%, its fifth positive week in six, and the Nasdaq-100 advanced 1.86% for a second straight weekly gain.
This week, all eyes will be on the Federal Reserve’s policy meeting on Wednesday. Recent data showing a weaker job market and easing inflation has fueled expectations of a rate cut. Markets see a 96% chance of a quarter-point move, with only a small chance of a bigger cut.
The Q2 2025 earnings season is over, but several notable releases are still scheduled for this week. The companies in focus are General Mills (GIS), FedEx (FDX), Lennar (LEN), and Darden Restaurants (DRI).
